Filing Details
- Accession Number:
- 0001209191-18-014653
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-02-28 18:10:29
- Reporting Period:
- 2018-02-26
- Accepted Time:
- 2018-02-28 18:10:29
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1575515 | Sprouts Farmers Market Inc. | SFM | Retail-Grocery Stores (5411) | 320331600 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1581624 | N. Amin Maredia | 5455 East High Street Suite 111 Phoenix AZ 85054 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.001 Per Share | Acquisiton | 2018-02-26 | 35,322 | $3.33 | 388,311 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.001 Per Share | Acquisiton | 2018-02-26 | 55,000 | $18.00 | 443,311 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.001 Per Share | Disposition | 2018-02-26 | 79,576 | $25.16 | 363,735 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.001 Per Share | Disposition | 2018-02-26 | 62,878 | $25.78 | 300,857 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.001 Per Share | Stock Option (right to buy) | Disposition | 2018-02-26 | 35,322 | $0.00 | 35,322 | $3.33 |
| Common Stock, Par Value $0.001 Per Share | Stock Option (right to buy) | Disposition | 2018-02-26 | 55,000 | $0.00 | 55,000 | $18.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2018-09-25 | No | 4 | M | Direct | |
| 0 | 2020-07-31 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock, Par Value $0.001 Per Share | 65,000 | Indirect | By Amin Maredia Family Growth Fund, L.P. |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.001 Per Share | Stock Option (right to buy) | $39.01 | 2021-03-04 | 33,771 | 33,771 | Direct | |
| Common Stock, Par Value $0.001 Per Share | Stock Option (right to buy) | $34.33 | 2022-03-11 | 33,439 | 33,439 | Direct | |
| Common Stock, Par Value $0.001 Per Share | Stock Option (right to buy) | $20.98 | 2022-08-11 | 466,561 | 466,561 | Direct | |
| Common Stock, Par Value $0.001 Per Share | Stock Option (right to buy) | $28.21 | 2023-03-04 | 113,504 | 113,504 | Direct | |
| Common Stock, Par Value $0.001 Per Share | Stock Option (right to buy) | $24.48 | 2022-08-11 | 386,496 | 386,496 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2021-03-04 | 33,771 | 33,771 | Direct |
| 2022-03-11 | 33,439 | 33,439 | Direct |
| 2022-08-11 | 466,561 | 466,561 | Direct |
| 2023-03-04 | 113,504 | 113,504 | Direct |
| 2022-08-11 | 386,496 | 386,496 | Direct |
Footnotes
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.49 to $25.48 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.49 to $25.99 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Amount includes 75,297 shares of common stock, 125,397 restricted shares and 100,163 performance share awards. Each restricted share and performance share award represent the right to receive, upon vesting, one share of common stock. 61,500 of such restricted shares will vest in two equal quarterly installments at the end of each calendar quarter beginning March 31, 2018 and continuing through June 30, 2018, and the remaining 63,897 restricted shares will vest annually over three years on March 3, 2018, 2019 and 2020. 4,318 of such performance share awards will vest on March 11, 2018, and the remaining 95,845 performance shares will vest annually over two years on March 3, 2019 and 2020. All such vestings assume continued employment through such dates.
- These shares of common stock are held by Amin Maredia Family Growth Fund, L.P., an entity established by the reporting person for estate planning purposes. The reporting person (i) may be deemed to have beneficial ownership of the shares owned of record thereby, and (ii) has shared voting and investment power with respect to such shares.
- All such options are presently exercisable.
- 37,835 options are presently exercisable; the remaining 75,669 options become exercisable evenly on March 4, 2018 and March 4, 2019.
- 276,070 options are presently exercisable; the remaining 110,426 options become exercisable equally on March 31, 2018 and June 30, 2018.
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