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CHIPOTLE MEXICAN GRILL INC Director's Dealing 2014

Nov 4, 2014

29999_dirs_2014-11-04_4031f7e5-0cf7-4a81-b58f-46cff8988c4c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHIPOTLE MEXICAN GRILL INC (CMG)
CIK: 0001058090
Period of Report: 2014-10-31

Reporting Person: Crumpacker Mark (Chief Marketing Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-10-31 Common Stock M 4000 $371.63 Acquired 9428 Direct
2014-10-31 Common Stock F 2329 $638.44 Disposed 7099 Direct
2014-10-31 Common Stock S 1671 $638.44 Disposed 5428 Direct
2014-11-03 Common Stock M 4000 $371.63 Acquired 9428 Direct
2014-11-03 Common Stock F 2328 $638.77 Disposed 7100 Direct
2014-11-03 Common Stock S 1672 $638.77 Disposed 5428 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-10-31 2012 Stock Appreciation Rights $371.63 M 4000 Disposed 2019-02-06 Common Stock (4000) Direct
2014-11-03 2012 Stock Performance SOSARs $371.63 M 4000 Disposed 2019-02-06 Common Stock (4000) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
2013 Stock Appreciation Rights $318.45 2020-02-07 Common Stock (4000) 8000 Direct
2013 Stock Appreciation Rights - Development $365.80 2020-06-08 Common Stock (4000) 4000 Direct
2014 Stock Appreciation Rights $543.20 2021-02-03 Common Stock (15000) 15000 Direct

Footnotes

F1: Reflects a weighted-average price. Actual sale prices ranged from $638.00 to $638.74 per share. 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.

F2: Reflects a weighted-average price. Actual sale prices ranged from $638.71 to $639.13 per share. 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.

F3: The 2012 Stock Appreciation Rights remaining beneficially owned by the reporting person following this transaction are scheduled to vest on February 6, 2015, subject to possible acceleration of vesting.

F4: The 2013 Stock Appreciation Rights are scheduled to vest in equal installments on February 7, 2015 and February 7, 2016, subject to possible acceleration of vesting.

F5: The 2013 Stock Appreciation Rights - Development are scheduled to vest in equal installments on June 8, 2015 and June 8, 2016, subject to possible acceleration of vesting.

F6: The 2014 Stock Appreciation Rights are scheduled to vest in equal installments on February 3, 2016 and February 3, 2017, subject to possible acceleration of vesting.