X0306 4 2019-03-12 0 0001058090 CHIPOTLE MEXICAN GRILL INC CMG 0001350874 Hartung Jack 610 NEWPORT CENTER DRIVE, SUITE 1300 NEWPORT BEACH CA 92660 0 1 0 0 Chief Financial Officer common stock 2019-03-12 4 M 0 10000 318.45 A 45237 D common stock 2019-03-12 4 F 0 5093 625.31 D 40144 D common stock 2019-03-12 4 S 0 4907 625.2128 D 35237 D common stock 35 I By children 2013 Performance SOSAR 318.45 2019-03-12 4 M 0 10000 0.00 D 2015-02-07 2020-02-07 common stock 10000 0 D These 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. Consists of shares of common stock retained by Chipotle to satisfy the reporting person's tax obligation upon exercise of the Performance SOSAR. Reflects 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. /s/ Michael McGawn, as attorney-in-fact 2019-03-13