Home > Insider Trading > Filing (0001209191-22-019888)

Filing Details

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
1809264	Gilliam Phipps	5455 East High Street, Suite 111 Phoenix AZ 85054	Senior Marketing Advisor	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	4,137	$0.00	31,179	No	4	A	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2022-03-17	543	$31.16	30,636	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	11,829	$0.00	11,829	$31.47

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
11,829		2029-03-15	No	4	A	Direct

Footnotes

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.
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.
Includes, in addition to the 4,137 shares described in Note (1), 6,896 shares of common stock and 19,603 restricted shares. Each restricted share represents the right to receive, upon vesting, one share of common stock. 15,944 restricted shares will vest evenly over two years on May 12, 2022 and May 12, 2023; and 3,659 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.
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.