Home > Insider Trading > Filing (0001209191-23-018025)

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
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	2023-03-09	29,176	$0.00	57,326	No	4	A	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2023-03-10	31,607	$32.84	25,719	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 9, 2020, the reporting person was granted performance share awards covering 14,588 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 2022 performance goals as certified by the Issuer's compensation committee. Following certification of achievement of the performance criteria for fiscal 2022 by the Issuer's compensation committee at the 200% performance level, 29,176 shares vested on March 9, 2023.
A portion of 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 and performance share awards, 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 18,189 shares of common stock and 7,530 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 3,476 restricted stock units will vest evenly over two years on March 16, 2023 and March 16, 2024 and 4,054 restricted stock units will vest evenly over three years on March 15, 2023, March 15, 2024 and March 15, 2025. All such vests assume continued employment through the applicable vest date.