AI assistant
CHIPOTLE MEXICAN GRILL INC — Director's Dealing 2013
Oct 18, 2013
29999_dirs_2013-10-18_aafc94e0-a4e7-4cf7-96b9-b9d073fc07b5.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CHIPOTLE MEXICAN GRILL INC (CMG)
CIK: 0001058090
Period of Report: 2013-10-18
Reporting Person: Hartung Jack (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-10-18 | Common Stock | A | 20000 | — | Acquired | 39782 | Direct |
| 2013-10-18 | Common Stock | F | 9390 | $439.07 | Disposed | 30392 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 148 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 2011 Stock Appreciation Rights | $268.73 | 2018-02-11 | Common Stock (25000) | 25000 | Direct |
| 2011 Performance SOSARs | $268.73 | 2018-02-11 | Common Stock (12500) | 12500 | Direct |
| 2012 Stock Appreciation Rights | $371.63 | 2019-02-06 | Common Stock (25000) | 25000 | Direct |
| 2013 Stock Appreciation Rights | $318.45 | 2020-02-07 | Common Stock (25000) | 25000 | Direct |
Footnotes
F1: Shares were acquired in connection with certification by the Compensation Committee of Chipotle's Board of Directors that performance criteria relating to an award of performance shares were satisfied at the Maximum Level, based on Chipotle's achievement of in excess of a level of cumulative total cash flow from operations specified in the award agreement.
F2: Represents shares of stock withheld to cover tax obligations in connection with the vesting of performance shares described above.
F3: 12,500 of the 2011 Stock Appreciation Rights remain unvested as of the date hereof, and are scheduled to vest on February 11, 2014, subject to possible acceleration of vesting.
F4: The 2012 Stock Appreciation Rights vest in equal installments on February 6, 2014 and February 6, 2015, subject to possible acceleration of vesting.
F5: The 2013 Stock Appreciation Rights vest in equal installments on February 7, 2015 and February 7, 2016, subject to possible acceleartion of vesting.