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CHIPOTLE MEXICAN GRILL INC Director's Dealing 2021

Apr 14, 2021

29999_dirs_2021-04-14_87706b35-e5bf-4ae0-82de-4152a2018d05.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: 2021-04-12

Reporting Person: Boatwright Scott (Chief Restaurant Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-04-12 common stock M 2826 $582.77 Acquired 17271 Direct
2021-04-12 common stock F 1063 $1550.00 Disposed 16208 Direct
2021-04-12 common stock S 1763 $1559.84 Disposed 14445 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-04-12 2019 SOSARs $582.77 M 2826 Disposed 2026-02-08 common stock (2826) Direct

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 SOSARs 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.