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

Role
Director
Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Joseph Fortunato
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
Jun 9, 2022
Next filing
Mar 6, 2024

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 +6.78K +14.86% $0.00 52.4K Mar 14, 2023 Direct F1, F2
holding SFM Common Stock, par value $0.001 per share 15K Mar 14, 2023 Fortunato 2020 Irrevocable Trust 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 on March 14, 2024, assuming continued service through such vest date.
F2 Includes, in addition to the 6,779 restricted stock units described in Note (1), 37,721 shares of common stock and 7,895 restricted stock units. These restricted stock units will vest on June 7, 2023, assuming continued service through such vest date.
F3 These shares of common stock are held by the Fortunato 2020 Irrevocable Trust, an entity established by the reporting person for estate planning purposes. The reporting person (i) may be deemed to have beneficial ownership of the shares owned of record thereby, and (ii) has sole voting and investment power with respect to such shares.