Christopher W. Brandt - Jul 22, 2021 Form 4 Insider Report for CHIPOTLE MEXICAN GRILL INC (CMG)

Role
Chief Marketing Officer
Signature
/s/ Helen Kaminski, pursuant to power of attorney previously filed
Stock symbol
CMG
Transactions as of
Jul 22, 2021
Transactions value $
-$4,727,064
Form type
4
Date filed
7/23/2021, 04:21 PM
Previous filing
Jul 2, 2021
Next filing
Aug 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMG common stock Options Exercise $1.41M +3.5K +38.31% $403.89* 12.6K Jul 22, 2021 Direct
transaction CMG common stock Tax liability -$1.41M -805 -6.37% $1,757.00 11.8K Jul 22, 2021 Direct F1
transaction CMG common stock Sale -$1.95M -1.11K -9.39% $1,753.05 10.7K Jul 22, 2021 Direct F2
transaction CMG common stock Sale -$2.73M -1.56K -14.51% $1,754.18 9.17K Jul 22, 2021 Direct F3
transaction CMG common stock Sale -$50.9K -29 -0.32% $1,755.31 9.14K Jul 22, 2021 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CMG 2018 Sign-on SOSAR Options Exercise $0 -3.5K -31.02% $0.00 7.78K Jul 22, 2021 common stock 3.5K $403.89 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of shares of common stock retained by Chipotle to satisfy the reporting person's payment obligation upon exercise of the stock appreciation right.
F2 Reflects a weighted-average price. Actual sales prices ranged from $1,752.6610 to $1,753.65 per share.
F3 Reflects a weighted-average price. Actual sales prices ranged from $1,753.74 to $1,754.69 per share.
F4 Reflects a weighted-average price. Actual sales prices ranged from $1,754.92 to $1,755.37 per share.

Remarks:

For each transaction on this Form 4 that is reported at a weighted-average price, the filing person undertakes to furnish to the issuer, any requesting shareholder of the issuer or the staff of the Securities and Exchange Commission complete information regarding the number of shares sold at each separate price.