Lawrence Molloy - Jun 10, 2022 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Lawrence Molloy
Stock symbol
SFM
Transactions as of
Jun 10, 2022
Transactions value $
-$32,593
Form type
4
Date filed
6/10/2022, 06:00 PM
Previous filing
Mar 23, 2022
Next filing
Aug 5, 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 Sale -$32.6K -1.3K -0.54% $25.11 239K Jun 10, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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, as mandated by the Issuer's election under its equity incentive plan documents, and does not represent a discretionary trade by the reporting person.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.11 to $25.38 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.
F3 Includes 61,436 shares of common stock and 177,188 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 168,137 restricted stock units will vest on September 20, 2023 and 9,051 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. All such vests assume continued employment through the applicable dates.