Joe Fortunato - Mar 4, 2022 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Role
Director
Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Joseph Fortunato
Stock symbol
SFM
Transactions as of
Mar 4, 2022
Transactions value $
-$11,992
Form type
4
Date filed
3/8/2022, 05:19 PM
Previous filing
Jun 10, 2021
Next filing
Jun 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFM Common Stock, par value $0.001 per share Options Exercise $110K +3.62K +9.6% $30.30 41.3K Mar 4, 2022 Direct
transaction SFM Common Stock, par value $0.001 per share Sale -$122K -3.62K -8.76% $33.61 37.7K Mar 4, 2022 Direct F1
holding SFM Common Stock, par value $0.001 per share 15K Mar 4, 2022 Fortunato 2020 Irrevocable Trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SFM Stock Option (right to buy) Options Exercise $0 -3.62K -100% $0.00* 0 Mar 4, 2022 Common stock, par value $0.001 per share 3.62K $30.30 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 30,169 shares of common stock and 7,552 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 on June 9, 2022, assuming continued service through such vest date.
F2 These shares of common stock are held by the Fortunato 2020 Irrevocable Trust, an entity established by the reporting person for estate planning purposes. The reporting person (i) may be deemed to have beneficial ownership of the shares owned of record thereby, and (ii) has sole voting and investment power with respect to such shares.
F3 All such options are presently exercisable.