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updated 11:16, Tue November 06, 2007

Chipotle Chief Financial Officer Exercises Options for and Sells 18,333 Shares

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NEW YORK (AP) -- The chief financial officer of fast-food restaurant operator Chipotle Corp. exercised options for 18,333 shares of common stock, according to a Securities and Exchange Commission filings Friday.

In Form 4s filed with the SEC, Jack Hartung reported he exercised options for the shares Thursday for $22.35 and then sold them all the same day for $135 to $138.45 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Chipotle is based in Denver.

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