Filing Details

Accession Number:
0001575515-24-000006
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-02-28 18:11:00
Reporting Period:
2024-02-26
Accepted Time:
2024-02-28 18:11:00
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
1581625 F. Brandon Lombardi 5455 East High Street
Suite 111
Phoenix AZ 85054
Chief Legal 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 2024-02-26 12,451 $23.12 20,779 No 4 M Direct
Common Stock, Par Value $0.001 Per Share Acquisiton 2024-02-26 10,348 $24.42 31,127 No 4 M Direct
Common Stock, Par Value $0.001 Per Share Disposition 2024-02-26 22,799 $59.98 8,328 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Acquisiton 2024-02-28 3,865 $31.47 12,193 No 4 M Direct
Common Stock, Par Value $0.001 Per Share Disposition 2024-02-28 3,865 $62.21 8,328 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 M 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 2024-02-26 12,451 $0.00 12,451 $23.12
Common Stock, Par Value $0.001 Per Share Stock Option (right to buy) Disposition 2024-02-26 10,348 $0.00 10,348 $24.42
Common Stock, Par Value $0.001 Per Share Stock Option (right to buy) Disposition 2024-02-28 3,865 $0.00 3,865 $31.47
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2026-03-04 No 4 M Direct
5,174 2028-03-16 No 4 M Direct
7,728 2029-03-15 No 4 M Direct
Footnotes
  1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.87 to $60.13 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.
  2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.21 to $62.2101 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.
  3. Includes 8,328 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,738 restricted stock units will vest on March 16, 2024, 2,702 restricted stock units will vest evenly over two years on March 15, 2024 and March 15, 2025 and 3,888 restricted stock units will vest evenly over three years on March 14, 2024, March 14, 2025 and March 14, 2026. All such vests assume continued employment through the applicable vest date.
  4. All such options are presently exercisable.
  5. The reporting person is exercising options that are presently exercisable. After giving effect to this transaction, the remaining options become exercisable on March 16, 2024.
  6. The reporting person is exercising options that are presently exercisable. After giving effect to this transaction, the remaining options become exercisable over two years, with one-half vesting on March 15, 2024 and one-half vesting on March 15, 2025, assuming continued employment through the applicable vest date.