SEC Form 4 · accession 0001209191-15-027117
CHIPOTLE MEXICAN GRILL INC · CMG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack Hartung
Officer — Chief Financial Officer
Period of report
Mar 16, 2015
Accepted (ET)
Mar 17, 2015 · 5:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001058090
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 16, 2015 | M | 5,000 | $268.73 | A | 35,392 | D | |
| Common Stock | Mar 16, 2015 | F | 1,970 | $682.35 | D | 33,422 | D | |
| Common Stock | Mar 16, 2015 | S | 3,030 | $680.44 | D | 30,392 | D | |
| Common Stock | holding | — | — | — | 72 | I | By children |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2011 Stock Appreciation Rights | $268.73 | Mar 16, 2014 | M | 5,000 | D | Feb 11, 2014 | Feb 11, 2018 | Common Stock | 5,000 | 7,500 | D |
| 2011 Performance SOSARs | $268.73 | holding | — | — | — | Feb 11, 2013 | Feb 11, 2018 | Common Stock | 12,500 | 12,500 | D |
| 2012 Stock Appreciation Rights | $371.63 | holding | — | — | — | Feb 6, 2014 | Feb 6, 2019 | Common Stock | 25,000 | 25,000 | D |
| 2012 Performance SOSARs | $371.63 | holding | — | — | — | Feb 6, 2014 | Feb 6, 2019 | Common Stock | 25,000 | 25,000 | D |
| 2013 Stock Appreciation RightsF2 | $318.45 | holding | — | — | — | Feb 7, 2015 | Feb 7, 2020 | Common Stock | 25,000 | 25,000 | D |
| 2013 Performance SOSARs | $318.45 | holding | — | — | — | Feb 7, 2015 | Feb 7, 2020 | Common Stock | 12,500 | 12,500 | D |
| 2014 Stock Appreciation RightsF3 | $543.20 | holding | — | — | — | Feb 3, 2016 | Feb 3, 2021 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1This stock appreciation rights exercise and sale was 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.
- F2One half of the 2013 Stock Appreciation Rights vested on February 7, 2015 and the remaining half are scheduled to vest on February 7, 2016, subject to possible acceleration of vesting.
- F3The 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.