SEC Form 4 · accession 0001209191-15-038050
CHIPOTLE MEXICAN GRILL INC · CMG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Crumpacker
Officer — Chief Marketing Officer
Period of report
Apr 29, 2015
Accepted (ET)
May 1, 2015 · 5:07 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 | Apr 29, 2015 | M | 8,000 | $371.63 | A | 13,428 | D | |
| Common Stock | Apr 29, 2015 | M | 8,000 | $318.45 | A | 21,428 | D | |
| Common Stock | Apr 29, 2015 | F | 8,694 | $635.13 | D | 12,734 | D | |
| Common StockF1 | Apr 29, 2015 | S | 600 | $633.47 | D | 12,134 | D | |
| Common StockF2 | Apr 29, 2015 | S | 300 | $632.41 | D | 11,834 | D | |
| Common StockF3 | Apr 29, 2015 | S | 900 | $631.22 | D | 10,934 | D | |
| Common StockF4 | Apr 29, 2015 | S | 1,000 | $630.20 | D | 9,934 | D | |
| Common StockF5 | Apr 29, 2015 | S | 655 | $629.25 | D | 9,279 | D | |
| Common StockF6 | Apr 29, 2015 | S | 3,451 | $628.21 | D | 5,828 | D | |
| Common StockF7 | Apr 29, 2015 | S | 400 | $627.25 | D | 5,428 | D | |
| Common StockF8 | May 1, 2015 | S | 2,428 | $630.62 | D | 3,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2012 Performance SOSARs | $371.63 | Apr 29, 2015 | A | 4,000 | A | Feb 6, 2014 | Feb 6, 2021 | Common Stock | 4,000 | 0 | D |
| 2012 Stock Appreciation Rights | $371.63 | Apr 29, 2015 | A | 4,000 | A | Feb 6, 2014 | Feb 6, 2021 | Common Stock | 4,000 | 0 | D |
| 2013 Performance SOSARs | $318.45 | Apr 29, 2015 | A | 4,000 | A | Feb 20, 2015 | Feb 7, 2019 | Common Stock | 4,000 | 0 | D |
| 2013 Stock Appreciations RightsF9 | $318.45 | Apr 29, 2015 | A | 4,000 | A | Feb 7, 2015 | Feb 7, 2020 | Common Stock | 4,000 | 4,000 | D |
| 2013 Stock Appreciation Rights-DevelopmentF10 | $365.80 | holding | — | — | — | Jun 8, 2015 | Jun 8, 2020 | Common Stock | 4,000 | 4,000 | D |
| 2014 Stock Appreciation RightsF11 | $543.20 | holding | — | — | — | Feb 3, 2016 | Feb 3, 2021 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Reflects a weighted-average price. Actual sale prices ranged from $633.07 to $634.00 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.
- F10The 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.
- F11The 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.
- F2Reflects a weighted-average price. Actual sales prices ranged from $632.17 to $632.89 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.
- F3Reflects a weighted-average price. Actual sales prices ranged from $630.80 to $631.68 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.
- F4Reflects a weighted-average price. Actual sales prices ranged from $629.68 to $630.66 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.
- F5Reflects a weighted-average price. Actual sales prices ranged from $629.00 to $629.57 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.
- F6Reflects a weighted-average price. Actual sales prices ranged from $627.56 to $628.51 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.
- F7Reflects a weighted-average price. Actual sales prices ranged from $627.05 to $627.49 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.
- F8Reflects a weighted-average price. Actual sales prices ranged from $630.13 to $630.76 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.
- F9One 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.