CHIPOTLE MEXICAN GRILL INC — Director's Dealing 2011

May 25, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHIPOTLE MEXICAN GRILL INC (CMG)
CIK: 0001058090
Period of Report: 2011-05-25

Reporting Person: Flynn Patrick J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-25	Common Stock	A	300	—	Acquired	13275	Direct

Footnotes

F1: On May 25, 2011, the issuer granted restricted stock units ("RSU's") denominated in shares of its common stock to each outside director under the Chipotle Mexican Grill, Inc. 2011 Stock Incentive Plan. The RSU's vest on the third anniversary of the grant date.