SEC Form 4 · accession 0001209191-19-019212
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 12, 2019
Accepted (ET)
Mar 13, 2019 · 6:00 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 12, 2019 | M | 10,000 | $318.45 | A | 45,237 | D | |
| common stock | Mar 12, 2019 | F | 5,093 | $625.31 | D | 40,144 | D | |
| common stockF3 | Mar 12, 2019 | S | 4,907 | $625.2128 | 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 SOSAR | $318.45 | Mar 12, 2019 | M | 10,000 | D | Feb 7, 2015 | Feb 7, 2020 | common stock | 10,000 | 0 | D |
Explanation of responses
- F1These stock appreciation right 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.
- F2Consists of shares of common stock retained by Chipotle to satisfy the reporting person's tax obligation upon exercise of the Performance SOSAR.
- F3Reflects a weighted-average price. Actual sales prices ranged from $625.00 to $625.93 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.