Nicholas Konat - Mar 14, 2023 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Role
President & COO
Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Nicholas Konat
Stock symbol
SFM
Transactions as of
Mar 14, 2023
Transactions value $
$0
Form type
4
Date filed
3/15/2023, 09:00 PM
Previous filing
Mar 23, 2022
Next filing
Mar 22, 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 Award $0 +6.94K +6.62% $0.00 112K Mar 14, 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SFM Stock Option (right to buy) Award $0 +17.8K $0.00 17.8K Mar 14, 2023 Common stock, par value $0.001 per share 17.8K $32.95 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. These restricted stock units will vest over three years, with one-third vesting on March 14, 2024; one-third vesting on March 14, 2025; and one-third vesting on March 14, 2026, assuming continued employment through the applicable vest date.
F2 Includes, in addition to the 6,943 shares described in Note (1), 104,913 restricted stock units. 7,130 restricted stock units will vest evenly over three years on March 21, 2023, March 21, 2024 and March 21, 2025, 73,337 restricted stock units will vest on March 21, 2024 and 24,446 restricted stock units will vest on March 21, 2025, assuming continued employment through the applicable vest date.
F3 These options become exercisable over three years, with one-third vesting on March 14, 2024; one-third vesting on March 14, 2025; and the remaining one-third vesting on March 14, 2026, assuming continued employment through the applicable vest date.