CHIPOTLE MEXICAN GRILL INC — Director's Dealing 2019

Aug 23, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHIPOTLE MEXICAN GRILL INC (CMG)
CIK: 0001058090
Period of Report: 2019-08-22

Reporting Person: Hartung Jack (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-22	common stock	M	5000	$543.20	Acquired	40237	Direct
2019-08-22	common stock	F	3273	$830.00	Disposed	36964	Direct
2019-08-22	common stock	S	1727	$830.00	Disposed	35237	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-08-22	2014 Performance SOSAR	$543.20	M	5000	Disposed	2021-02-03	common stock (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common stock	35	Indirect

Footnotes

F1: These stock appreciation rights exercises and sales were executed under the terms of a Sales Plan intended to comply with Rule 10b5-1 under the Securities and Exchange Act of 1934, as amended.

F2: Consists of shares of common stock retained by Chipotle to satisfy the reporting person's payment obligation upon exercise of the stock appreciation right.

F3: The reporting person disclaims beneficial ownership of shares held by his children.