Home/Filings/4/0001181431-13-008074
4//SEC Filing

Blessing Robert N Jr 4

Accession 0001181431-13-008074

CIK 0001058090other

Filed

Feb 7, 7:00 PM ET

Accepted

Feb 8, 6:46 PM ET

Size

12.9 KB

Accession

0001181431-13-008074

Insider Transaction Report

Form 4
Period: 2013-02-07
Blessing Robert N Jr
Restaurant Support Officer
Transactions
  • Award

    2011 Performance SOSARs

    2013-02-07+4,0004,000 total
    Exercise: $268.73From: 2013-02-11Exp: 2018-02-11Common Stock (4,000 underlying)
  • Award

    2013 Stock Appreciation Rights

    2013-02-07+8,0008,000 total
    Exercise: $318.45From: 2015-02-07Exp: 2020-02-07Common Stock (8,000 underlying)
Holdings
  • Common Stock

    6,000
  • 2010 Stock Appreciation Right

    Exercise: $103.79From: 2013-02-16Exp: 2017-02-16Common Stock (8,000 underlying)
    8,000
  • 2011 Stock Appreciation Rights

    Exercise: $268.73From: 2013-02-11Exp: 2018-02-11Common Stock (8,000 underlying)
    8,000
  • 2012 Stock Appreciation Rights

    Exercise: $371.63From: 2014-02-06Exp: 2019-02-06Common Stock (8,000 underlying)
    8,000
Footnotes (4)
  • [F1]On February 11, 2011, Chipotle granted the reporting person performance-vesting stock-only stock appreciation rights, or Performance SOSARs, in respect of 8,000 shares of Chipotle common stock. Vesting of the Performance SOSARs is contingent on Chipotle's achievement of stated levels of cumulative cash flow from operations prior to the fourth and fifth fiscal year-ends following the award date, with vesting to occur no sooner than February 11, 2013 and 2014 (with half of each Performance SOSAR subject to each such time-based vesting date), subject to possible acceleration. The first cash flow from operations target was achieved in the 2012 fiscal year, resulting in the Performance SOSARs in respect of 4,000 shares remaining subject only to time-based vesting as reported in Table II above.
  • [F2]The 2013 Stock Appreciation Rights awarded to the reporting person vest in equal amounts on the second and third anniversaries of the grant date, subject to possible acceleration of vesting.
  • [F3]The 2012 Stock Appreciation Rights vest in equal installments on February 6, 2014 and February 6, 2015, subject to possible acceleration of vesting.
  • [F4]The 2011 Stock Appreciation Rights vest in equal installments on February 11, 2013 and February 11, 2014, subject to possible acceleration of vesting.

Issuer

CHIPOTLE MEXICAN GRILL INC

CIK 0001058090

Entity typeother

Related Parties

1
  • filerCIK 0001425803

Filing Metadata

Form type
4
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 6:46 PM ET
Size
12.9 KB