Filing Details
- Accession Number:
- 0001209191-23-020113
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-20 19:36:03
- Reporting Period:
- 2023-03-16
- Accepted Time:
- 2023-03-20 19:36:03
- 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 Store 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 | Disposition | 2023-03-16 | 567 | $33.13 | 32,635 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.001 Per Share | Disposition | 2023-03-17 | 726 | $32.96 | 31,909 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.001 Per Share | Acquisiton | 2023-03-20 | 7,850 | $16.47 | 39,759 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.001 Per Share | Acquisiton | 2023-03-20 | 5,107 | $24.42 | 44,866 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.001 Per Share | Acquisiton | 2023-03-20 | 3,827 | $31.47 | 48,693 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.001 Per Share | Disposition | 2023-03-20 | 40,452 | $32.56 | 8,241 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | 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 | 2023-03-20 | 7,850 | $0.00 | 7,850 | $16.47 |
| Common Stock, Par Value $0.001 Per Share | Stock Option (right to buy) | Disposition | 2023-03-20 | 5,107 | $0.00 | 5,107 | $24.42 |
| Common Stock, Par Value $0.001 Per Share | Stock Option (right to buy) | Disposition | 2023-03-20 | 3,827 | $0.00 | 3,827 | $31.47 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2027-03-09 | No | 4 | M | Direct | |
| 5,107 | 2028-03-16 | No | 4 | M | Direct | |
| 7,653 | 2029-03-15 | No | 4 | M | Direct |
Footnotes
- 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.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.13 to $33.255 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.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.8601 to $32.96 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.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.50 to $32.61 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 8,241 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,715 restricted stock units will vest on March 16, 2024, 2,676 restricted stock units will vest evenly over two years on March 15, 2024 and March 15, 2025 and 3,850 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 dates.
- All such options are presently exercisable.
- 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.
- The reporting person is exercising options that are presently exercisable. After giving effect to this transaction, the remaining options become exercisable evenly over two years on March 15, 2024 and March 15, 2025.
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