Chipotle 2012 Annual Report Download - page 74

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BENEFICIAL OWNERSHIP OF OUR COMMON STOCK
The following tables set forth information as of March 21, 2013 as to the beneficial ownership of shares of
our common stock by:
• each person (or group of affiliated persons) known to us to beneficially own more than 5 percent 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 shares for which the holder has voting or investment power. 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 30,945,666 outstanding shares of common stock as of March 21, 2013. For purposes
of calculating each person’s or group’s percentage ownership, shares of common stock issuable pursuant to the
terms of stock options, stock appreciation rights or restricted stock units exercisable or vesting within 60 days
after March 21, 2013 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 Beneficial Owner
Total Shares
Beneficially
Owned
Percentage of Class
Beneficially Owned
Beneficial holders of 5% or more of outstanding common stock
FMRLLC(1) ........................................... 3,109,065 10.05%
Sands Capital Management, LLC (2) ......................... 2,314,724 7.48%
T . Rowe Price Associates, Inc. (3) ........................... 3,597,594 11.63%
The Vanguard Group, Inc. (4) ............................... 1,858,156 6.00%
Directors and executive officers
Steve Ells (5)(6) ......................................... 396,802 1.28%
Montgomery Moran (5)(7) ................................. 283,837 *
John Hartung (8) ......................................... 69,930 *
Bob Blessing (9) ......................................... 22,000 *
Mark Crumpacker (10) .................................... 23,000 *
Albert Baldocchi (5)(11)(12) ............................... 80,080 *
John Charlesworth (11) .................................... 8,605 *
Neil Flanzraich (11) ...................................... 2,973 *
Patrick Flynn (11) ........................................ 10,047 *
Darlene Friedman (5)(11)(13) ............................... 6,981 *
Jeff Kindler (14) ......................................... — —
All directors and executive officers as a group (11 people) (15) .... 904,255 2.89%
* Less than one percent (1 percent).
(1) Based solely on a report on Schedule 13G/A filed on February 14, 2013. Various persons have the right to
receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of
common stock reflected as beneficially owned by FMR LLC. The interest of one person, Fidelity
Contrafund, an investment company registered under the Investment Company Act of 1940, in the shares of
common stock reflected as beneficially owned by FMR LLC amounted to 2,029,039 shares or 6.56% of the
total outstanding common stock at March 21, 2013. The address of FMR LLC is 82 Devonshire Street,
Boston, Massachusetts, 02109.
4
Proxy Statement