Filing Details

Accession Number:
0001209191-22-019877
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-17 20:49:40
Reporting Period:
2022-03-15
Accepted Time:
2022-03-17 20:49:40
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
1686510 J Dan Sanders 5455 East High Street
Suite 111
Phoenix AZ 85054
Chief Operations Officer No 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 2022-03-15 4,015 $0.00 38,893 No 4 A Direct
Common Stock, Par Value $0.001 Per Share Disposition 2022-03-17 510 $31.16 38,383 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A 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) Acquisiton 2022-03-15 11,480 $0.00 11,480 $31.47
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
11,480 2029-03-15 No 4 A Direct
Footnotes
  1. Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. These restricted stock units will vest over three years, with one-third vesting on March 15, 2023; one-third vesting on March 15, 2024; and one-third vesting on March 15, 2025, assuming continued employment through the applicable vest date.
  2. This transaction was a broker-assisted sale of shares of common stock to satisfy the withholding tax liability incurred upon the vesting of restricted stock units, as mandated by the Issuer's election under its equity incentive plan documents, and does not represent a discretionary trade by the reporting person.
  3. Includes, in addition to the 4,015 shares described in Note (1), 28,596 shares of common stock and 5,772 restricted shares. Each restricted share represents the right to receive, upon vesting, one share of common stock. 2,341 restricted shares will vest on March 9, 2023; and 3,431 restricted shares will vest evenly over two years on March 16, 2023 and March 16, 2024. All such vests assume continued employment through the applicable dates.
  4. These options become exercisable over three years, with one-third vesting on March 15, 2023; one-third vesting on March 15, 2024; and the remaining one-third vesting on March 15, 2025, assuming continued employment through the applicable vest date.