Jack L. Sinclair - 05 Dec 2022 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: SFM
Reported as of: 05 Dec 2022
Net transaction value: -$2,902,616
SEC form: 4
Accepted by SEC: 07 Dec 2022, 17:07:55 UTC
Prior SEC filing: 28 Jun 2022
Next SEC filing: 10 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Brandon F. Lombardi, Attorney-in-Fact for Jack L. Sinclair

Key filing fact

Jack L. Sinclair filed Form 4 for Sprouts Farmers Market, Inc. (SFM) on 07 Dec 2022.

Key facts

This page summarizes Jack L. Sinclair's Form 4 filing for Sprouts Farmers Market, Inc. (SFM).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 07 Dec 2022, 17:07.

Change

Previous filing in this sequence was filed on 28 Jun 2022.
Current net transaction value: -$2,902,616.

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

Sale

Transaction value: $2,902,616
Shares: -85,953
Change %: -29%
Price: $33.77
Shares after: 207,638
Date: 05 Dec 2022
Ownership: Direct
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

Footnote F2

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.58 to $34.325 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 F3

Includes 129,927 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 vest dates.