X0306 4 2019-02-21 0 0001058090 CHIPOTLE MEXICAN GRILL INC CMG 0001350873 Ells Steve C/O CHIPOTLE MEXICAN GRILL 610 NEWPORT CENTER DR NEWPORT BEACH CA 92660 1 1 0 0 Executive Chairman 2019 Special SOSAR 601.19 2019-02-21 4 A 0 1997 0.00 A 2021-02-21 2026-02-21 common stock 1997 1997 D The reporting person elected to receive this stock appreciation right in lieu of being eligible for an annual incentive bonus for 2019. The shares were calculated based on the reporting person's target annual incentive bonus and the closing price of the Chipotle common stock on the date of grant. /s/ Helen Kaminski, pursuant to power of attorney previously filed. 2019-08-21