Brandon F. Lombardi - Nov 14, 2022 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Role: Chief Legal Officer
Signature: /s/ Brandon F. Lombardi
Stock symbol: SFM
Transactions as of: Nov 14, 2022
Transactions value $: -$594,966
Form type: 4
Date filed: 11/16/2022, 05:00 PM
Previous filing: Nov 10, 2022
Next filing: Mar 10, 2023

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	-$425K	-12.6K	-27.56%	$33.66	33.2K	Nov 14, 2022	Direct
transaction	SFM	Common Stock, par value $0.001 per share	Sale	-$170K	-5K	-15.08%	$34.09	28.2K	Nov 16, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 18,189 shares of common stock and 9,961 restricted shares. Each restricted share represents the right to receive, upon vesting, one share of common stock. 2,431 restricted shares will vest on March 9, 2023; 3,476 restricted shares will vest evenly over two years on March 16, 2023 and March 16, 2024; and 4,054 restricted shares 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 vest date.

Content

Includes 18,189 shares of common stock and 9,961 restricted shares. Each restricted share represents the right to receive, upon vesting, one share of common stock. 2,431 restricted shares will vest on March 9, 2023; 3,476 restricted shares will vest evenly over two years on March 16, 2023 and March 16, 2024; and 4,054 restricted shares 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 vest date.