CAPPUCCIO PAUL T 4
4 · CHIPOTLE MEXICAN GRILL INC · Filed May 21, 2020
Insider Transaction Report
Form 4
CAPPUCCIO PAUL T
Director
Transactions
- Award
common stock
2020-05-19+57→ 1,310 total - Gift
common stock
2020-02-06−178→ 1,132 total
Footnotes (1)
- [F1]The issuer granted restricted stock units ("RSUs") to each of its non-employee directors who served on the Chipotle Board of Directors from January to May 2020. In 2019, the Board changed the director compensation period from a calendar year basis (December to January) to a May to May basis to correspond with the annual election of directors, and this RSU grant is a pro rata portion of the annual grant amount to compensate the directors for the transition period. This RSU grant was made in arrears, at the end of the service period, and vested in full on the date of grant.