SEC Form 4 · accession 0001209191-19-009878
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
Feb 11, 2019
Accepted (ET)
Feb 13, 2019 · 7:13 pm EST
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 | Feb 11, 2019 | M | 10,000 | $318.45 | A | 45,237 | D | |
| Common stock | Feb 11, 2019 | F | 5,243 | $607.43 | D | 39,994 | D | |
| Common stockF2 | Feb 11, 2019 | S | 4,757 | $605.14 | D | 35,237 | D | |
| Common stock | Feb 12, 2019 | M | 5,000 | $318.45 | A | 40,237 | D | |
| Common stock | Feb 12, 2019 | F | 2,607 | $610.95 | D | 37,630 | D | |
| Common stock | Feb 12, 2019 | S | 2,393 | $610.00 | D | 35,237 | D | |
| Common stock | holding | — | — | — | 35 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 Performance SOSARs | $318.45 | Feb 11, 2019 | M | 10,000 | D | Feb 7, 2015 | Feb 7, 2020 | Common stock | 10,000 | 15,000 | D |
| 2013 Performance SOSARsF3 | $318.45 | Feb 12, 2019 | M | 5,000 | D | Feb 7, 2015 | Feb 7, 2020 | Common stock | 5,000 | 10,000 | D |
Explanation of responses
- F1These 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.
- F2Reflects a weighted-average price. Actual sales prices ranged from $605.00 to $605.75 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.
- F32,500 of these 2013 Performance SOSARs became exercisable on 5/10/2016.