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Filing Details

Accession Number:: 0001209191-22-017242
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-03-08 18:24:51
Reporting Period:: 2022-03-04

Accepted Time:: 2022-03-08 18:24:51
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

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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	2022-03-04	15,036	$0.00	40,985	No	4	A	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2022-03-07	5,412	$32.68	35,573	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	4	S	Direct

Footnotes

On March 4, 2019, the reporting person was granted performance share awards covering 7,518 shares of the Issuer's common stock at the target performance level, zero to 200% of which would become eligible to vest based on the achievement of 2021 performance goals as certified by the Issuer's compensation committee. Following certification of achievement of the performance criteria for fiscal 2021 by the Issuer's compensation committee at the 200% performance level, 15,036 shares vested on March 4, 2022.
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 or performance shares, as mandated by the Issuer's election under its equity incentive plan documents, and does not represent a discretionary trade 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 $32.67 to $33.3007 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.
Includes 25,744 shares of common stock and 9,829 restricted shares. Each restricted share represents the right to receive, upon vesting, one share of common stock. 4,682 restricted shares will vest evenly over two years on March 9, 2022 and March 9, 2023; and 5,147 restricted shares will vest evenly over three years on March 16, 2022, March 16, 2023 and March 16, 2024. All such vests assume continued employment through the applicable dates.