Form 4 for CMG Chipotle Mexican Grill
Accepted 2023-05-19 00:00:00 ET · period of report 2023-05-19 · accession 0001127602-23-016294 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-19 | 2023-05-19 | CMG | Niccol Brian R | COB, CEO, Dir | F - Tax | $2,099.90 | -732 | 25.3K | -3% | -$1.54M |
| D | 2023-05-19 | 2023-05-19 | CMG | Niccol Brian R | COB, CEO, Dir | M - OptEx | $582.77 | +2,637 | 26.0K | +11% | +$1.54M |
| D | 2023-05-19 | 2023-05-19 | CMG | Niccol Brian R | COB, CEO, Dir | S - Sale+OE | $2,099.90 | -1,905 | 23.3K | -8% | -$4.00M |
| D | 2023-05-19 | 2023-05-19 | CMG | Niccol Brian R | COB, CEO, Dir | M - OptEx | $0.00 | -2,637 | 10.5K | -20% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | common stock | 2023-05-19 | F | D | 732 | $2,099.90 | 25,252 | D | — | — | (F1) Consists of shares of common stock retained by Chipotle to satisfy the reporting person's payment obligation upon exercise of the stock appreciation rights (SOSAR). |
| 2 | Common | common stock | 2023-05-19 | M | A | 2,637 | $582.77 | 25,984 | D | — | — | |
| 3 | Common | common stock | 2023-05-19 | S | D | 1,905 | $2,099.90 | 23,347 | D | — | — | (F3) Reflects a weighted-average price. Actual sales prices ranged from $2,099.00 to $2,099.97 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. |
| 4 | Derivative | 2019 SOSARs | 2023-05-19 | M | D | 2,637 | $0.00 | 10,549 | D | $582.77 · 2021-02-08 to 2026-02-08 | 2,637 common stock | (F4) The SOSAR vested in three equal installments on each of the first three anniversaries of the grant date, subject to the reporting person's continued employment through the applicable vest date. |