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CHIPOTLE MEXICAN GRILL INC Director's Dealing 2018

Jan 9, 2018

29999_dirs_2018-01-09_2cc9f0e0-9d8b-42fe-a33a-1dd11407c455.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: 2018-01-07

Reporting Person: Boatwright Scott (Chief Restaurant Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-01-07 Common stock A 3824 $0.00 Acquired 3824 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-01-07 2018 Retention SOSARs $313.79 A 14709 Acquired 2025-01-07 Common stock (14709) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
2017 Stock Appreciation Rights $475.70 2024-05-30 Common stock (10090) 10090 Direct

Footnotes

F1: Represents an award of shares of restricted stock to the reporting person, which will vest in equal amounts on the second and third anniversaries
of the grant date, subject to possible acceleration of vesting.

F2: The Stock Appreciation Rights awarded to the reporting person vest in equal amounts on the second and third anniversaries of the grant date,
subject to possible acceleration of vesting.

F3: The Stock Appreciation Rights held by the reporting person vest in equal amounts on the second and third anniversaries of the grant date,
subject to possible acceleration of vesting.