Jack Sinclair - 27 Jun 2022 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Role: Chief Executive Officer, Director
Signature: /s/ Brandon F. Lombardi, Attorney-in-Fact for Jack L. Sinclair
Issuer symbol: SFM
Transactions as of: 27 Jun 2022
Net transactions value: -$680,648
Form type: 4
Filing time: 28 Jun 2022, 18:19:58 UTC
Previous filing: 17 Mar 2022
Next filing: 07 Dec 2022
SEC: View on sec.gov

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	$680,648	-26,536	-8.3%	$25.65	293,591	27 Jun 2022	Direct	F1, F2

* 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 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.
F2	Includes 215,880 shares of common stock and 77,711 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 16,891 restricted stock units will vest on March 9, 2023; 27,512 restricted stock units will vest evenly over two years on March 16, 2023 and March 16, 2024; and 33,308 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 dates.

Content

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.

Includes 215,880 shares of common stock and 77,711 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 16,891 restricted stock units will vest on March 9, 2023; 27,512 restricted stock units will vest evenly over two years on March 16, 2023 and March 16, 2024; and 33,308 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 dates.