<SEC-DOCUMENT>0001058090-21-000028.txt : 20210709
<SEC-HEADER>0001058090-21-000028.hdr.sgml : 20210709
<ACCEPTANCE-DATETIME>20210603163029
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001058090-21-000028
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20210603

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHIPOTLE MEXICAN GRILL INC
		CENTRAL INDEX KEY:			0001058090
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-EATING PLACES [5812]
		IRS NUMBER:				841219301
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		610 NEWPORT CENTER DR
		STREET 2:		SUITE 1300
		CITY:			NEWPORT BEACH
		STATE:			CA
		ZIP:			92660
		BUSINESS PHONE:		949-524-4000

	MAIL ADDRESS:	
		STREET 1:		610 NEWPORT CENTER DR
		STREET 2:		SUITE 1300
		CITY:			NEWPORT BEACH
		STATE:			CA
		ZIP:			92660
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
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			8-K SEC Response Letter May 21
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						<font style="display: inline;font-family:Calibri Light;color:#451400;font-size:8pt;">CHIPOTLE MEXICAN GRILL, INC.</font></p>

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						<font style="display: inline;font-family:Calibri Light;color:#451400;font-size:8pt;">610 Newport Center Drive</font></p>

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						<font style="display: inline;font-family:Calibri Light;color:#451400;font-size:8pt;">Newport Beach, CA 92660</font></p>

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			<font style="display: inline;font-family:Times New Roman;font-style:italic;font-size:12pt;">CORRESP</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">June</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;"> &nbsp;3</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">, &nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">2021</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">&#xFEFF;</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">Mr. Blaise Rhodes </font>
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		<p style="margin:0pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">Division of Corporat</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">ion</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;"> Finance</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">Office of Trade &amp; Services</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">Securities and Exchange Commission</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">Washington, D.C. 20549</font>
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		<p style="margin:0pt 0pt 0pt 43.75pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">Re</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">:&nbsp;&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">Chipotle Mexican Grill, Inc.</font>
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		<p style="margin:0pt 0pt 0pt 66.6pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">Form 10-K for the Fiscal Year Ended December 31, 2020</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;"> &nbsp;&nbsp; </font>
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		<p style="margin:0pt 0pt 0pt 66.6pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">Form 8-K dated May 21, 2021</font>
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		<p style="margin:0pt 0pt 0pt 66.6pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">File No. 001-32731</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">Dear Mr. Rhodes:</font>
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		<p style="margin:0pt;line-height:103.75%;text-indent:36pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">This letter is in response to your letter dated May </font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">25</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">, 2021 providing comments on Chipotle Mexican Grill, Inc.&#x2019;s (&#x201C;Chipotle&#x201D;) Form 8-K dated </font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">May </font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">21, 2021. </font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">For your convenience, your comments have been reproduced in their entirety below, followed by Chipotle&#x2019;s responses.</font>
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		<p style="margin:0pt 0pt 0pt 7pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;text-decoration:underline;">Form 8-K dated May 21, 2021</font>
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		<p style="margin:0pt 0pt 0pt 7pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;text-decoration:underline;">Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year., page 1</font>
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		<p style="margin:0pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-size:10.5pt;">&#xFEFF;</font>
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		<p style="margin:0pt 0pt 0pt 40.8pt;line-height:102.92%;text-indent: -35.35pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">1.</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;;font-size: 12pt;font-family:Interstate-Light;text-indent:0pt;margin-left:0pt;padding:0pt 27.8pt 0pt 0pt;"></font><font style="display: inline;font-family:Times New Roman;font-size:12pt;"></font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">We note the recent amendment to your bylaws pursuant to which you adopted an</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">exclusive forum provision.</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">Please confirm that in future filings, including as required by</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">Form 10-Q and Form 10-K, you will include appropriate disclosure describing the</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">provision, discussing the risks of the provision to investors, and addressing any</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">uncertainty about the enforceability of the provision.</font>
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		<p style="margin:0pt 11.5pt 0pt 40.8pt;line-height:102.92%;text-indent: -35.35pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">&#xFEFF;</font>
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		<p style="margin:0pt 11.5pt 0pt 36pt;line-height:102.92%;text-indent: -35.3pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;text-decoration:underline;">Chipotle&#x2019;s Response</font>
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		<p style="margin:0pt 11.5pt 0pt 36pt;line-height:102.92%;text-indent: -35.3pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">&#xFEFF;</font>
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		<p style="margin:0pt;line-height:103.75%;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">We appreciate the staff&#x2019;s review of Chipotle&#x2019;s Form 8-K dated May 21, 2021.&nbsp;&nbsp;In response to the staff&#x2019;s comment, we confirm that</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">in future filings, including as required by</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">Form 10</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">&#8209;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">Q and Form 10-K, </font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">Chipotle </font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">will include appropriate disclosure describing the</font><font style="display: inline;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">new forum selection provision </font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">that was added </font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">as Article XII</font><font style="display: inline;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">to Chipotle&#x2019;s Amended and Restated Bylaw</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">s</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">, discussing the risks of the provision to investors, and addressing any</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">uncertainty about the enforceability of the provision.</font>
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		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

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			<font style="display: inline;font-family:Times New Roman;color:#808080;font-size:12pt;">Mr. Blaise Rhodes </font>

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			<font style="display: inline;font-family:Times New Roman;color:#808080;font-size:12pt;">Securities and Exchange Commission</font>

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			<font style="display: inline;font-family:Times New Roman;color:#808080;font-size:12pt;">June </font><font style="display: inline;font-family:Times New Roman;color:#808080;font-size:12pt;">3</font><font style="display: inline;font-family:Times New Roman;color:#808080;font-size:12pt;">, 2021</font>

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			<font style="display: inline;font-family:Times New Roman;color:#808080;font-size:12pt;">Page </font><font style="display: inline;font-family:Times New Roman;color:#808080;font-size:12pt;"></font><font style="display: inline;font-family:Times New Roman;color:#808080;font-size:12pt;">2</font><font style="display: inline;font-family:Times New Roman;color:#808080;font-size:12pt;"></font>

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		<p style="margin:0pt 22.7pt 0pt 0pt;line-height:103.75%;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">&#xFEFF;</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">If you have any questions or additional comments with respect to this response, please </font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">feel free to </font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">contact </font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">me </font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">by phone at </font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">(949) 524-4063</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">or by email at </font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">hkaminski@chipotle.com</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">.</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">&#xFEFF;</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">Very truly yours,</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">&#xFEFF;</font>
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						<font style="display: inline;font-family:Times New Roman;font-size:12pt;">/s/&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">Helen Kaminski</font></p>
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		</table></div>
		<p style="margin:0pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">H</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">elen Kaminski</font>
		</p>
		<p style="margin:0pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">Deputy General Counsel, Compliance &amp; Securities</font>
		</p>
		<p style="margin:0pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">cc:</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">John</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;"> R. Hartung, Chief Financial Officer</font>
		</p>
		<p style="margin:0pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;R</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">oger Theodoredis, Chief Legal Officer</font>
		</p>
		<p style="margin:0pt;text-align:left;text-justify:inter-ideograph;font-family:Interstate-Light;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">Jamie McConnell, Vice President, Controller</font>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
