Chipotle 2008 Annual Report Download - page 67

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BENEFICIAL OWNERSHIP OF OUR COMMON STOCK
The following tables set forth information as of March 27, 2009, as to the beneficial ownership of shares of
each class of our common stock by:
• each person (or group of affiliated persons) known to us to beneficially own more than 5 percent of
either class of our common stock;
• each of the executive officers listed in the Summary Compensation Table appearing later in this proxy
statement;
• each of our directors; and
• all of our current executive officers and directors as a group.
The number of shares beneficially owned by each shareholder is determined under SEC rules and generally
includes voting or investment power over shares. The information does not necessarily indicate beneficial
ownership for any other purpose. The percentage of beneficial ownership shown in the following tables is based
on 14,643,749 outstanding shares of Class A common stock and 17,314,890 outstanding shares of Class B
common stock as of March 27, 2009. For purposes of calculating each person’s or group’s percentage ownership,
shares of Class A common stock issuable pursuant to stock options or stock appreciation rights exercisable
within 60 days after March 27, 2009, are included as outstanding and beneficially owned for that person or group
but are not treated as outstanding for the purpose of computing the percentage ownership of any other person or
group.
Name of Shareholder
Class A
Common Stock
Percentage
of Class
Class B
Common Stock
Percentage
of Class
Total Voting
Percentage
Owned
Total Equity
Percentage
Owned
Beneficial holders of 5% or more of either class of common stock
Barclays Global Investors, NA (1) ..... 1,298,399 8.87% — — — 4.06%
Capital World Investors (2) .......... 1,774,030 12.11% 2,257,000 13.04% 12.96% 12.61%
FMR Corp. (3) .................... 2,765,150 18.88% 1,347,215 7.78% 8.65% 12.87%
Hussman Econometrics Adviors,
Inc. (4) ......................... 750,000 5.12% — — — 2.35%
Pequot Capital Management, Inc. (5) . . . — — 1,048,300 6.05% 5.58% 3.28%
T. Rowe Price Associates, Inc. (6) ..... — — 3,026,950 17.48% 16.12% 9.47%
Tremblant Capital Group (7) ......... — — 1,052,735 6.08% 5.61% 3.29%
William Blair & Company, LLC (8) . . . 1,226,674 8.38% — — — 3.84%
Directors and executive officers
Steve Ells (9)(10) .................. 205,100 1.39% 403,250 2.33% 2.26% 1.89%
John Hartung (11) .................. 103,000 * 229 * * *
Montgomery Moran (10)(12) ......... 117,803 * 153,333 * * *
Bob Blessing (13) .................. 28,000 * — — * *
Rex Jones (14) .................... 30,513 * 4,000 * * *
Mark Crumpacker .................. 5,330 * — — * *
Albert Baldocchi (10)(15) ............ 24,579 * 162,841 * * *
John Charlesworth ................. 15,579 * — — * *
Neil Flanzraich .................... 1,071 * — — * *
Patrick Flynn ...................... 29,579 * — — * *
Darlene Friedman (10)(16) ........... 1,579 * 9,000 * * *
All D&O’s as a group
(11 people) (17) ................. 562,133 3.76% 732,653 4.23% 4.20% 4.01%
* Less than one percent (1 percent)
4
Proxy Statement