CHIPOTLE MEXICAN GRILL INC

Ticker: CMG CUSIP: 169656105 Class: COM

FACTORY MUTUAL INSURANCE CO's Holding History (CIK: 0000887818)

Note: Option positions (PUT/CALL) are excluded.

Q4 2016

Shares 20,000 Value ($000) $7,507 Avg Close $7.89 Range $7.06 - $8.80

Q3 2016

Shares 20,000 Value ($000) $8,470 Avg Close $8.22 Range $7.72 - $8.88

Q2 2016

Shares 20,000 Value ($000) $8,055 Avg Close $8.69 Range $7.70 - $9.46

Q1 2016

Shares 20,000 Value ($000) $9,419 Avg Close $9.51 Range $7.98 - $10.85

Q4 2015

Shares 20,000 Value ($000) $9,597 Avg Close $12.23 Range $9.56 - $15.14

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	20,000	$7,507	$7.89	$7.06 - $8.80
Q3 2016	20,000	$8,470	$8.22	$7.72 - $8.88
Q2 2016	20,000	$8,055	$8.69	$7.70 - $9.46
Q1 2016	20,000	$9,419	$9.51	$7.98 - $10.85
Q4 2015	20,000	$9,597	$12.23	$9.56 - $15.14