David McGlinchey - 04 Mar 2022 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
08 Mar 2022, 17:23:55 UTC
Next SEC filing
11 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for David McGlinchey

Key filing fact

David McGlinchey filed Form 4 for Sprouts Farmers Market, Inc. (SFM) on 08 Mar 2022.

Key facts

  • This page summarizes David McGlinchey's Form 4 filing for Sprouts Farmers Market, Inc. (SFM).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 08 Mar 2022, 17:23.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$166,812.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SFM transaction

Common Stock, par value $0.001 per share

Award

Transaction value
$0
Shares
+14,152
Change %
+57%
Price
$0.000000
Shares after
39,092
Date
04 Mar 2022
Ownership
Direct
Footnotes
F1
SFM transaction

Common Stock, par value $0.001 per share

Sale

Transaction value
$166,812
Shares
-5,103
Change %
-13%
Price
$32.69
Shares after
33,989
Date
07 Mar 2022
Ownership
Direct
Footnotes
F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

On March 4, 2019, the reporting person was granted performance share awards covering 7,076 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, 14,152 shares vested on March 4, 2022.

Footnote F2

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.

Footnote F3

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 $33.51 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.

Footnote F4

Includes 24,319 shares of common stock and 9,670 restricted shares. Each restricted share represents the right to receive, upon vesting, one share of common stock. 4,606 restricted shares will vest evenly over two years on March 9, 2022 and March 9, 2023; and 5,064 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.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .