Jack L. Sinclair - 16 Mar 2023 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Mar 2023, 20:00:22 UTC
Prior SEC filing
15 Mar 2023
Next SEC filing
22 Nov 2023
Source filing
View source filing
Reporting owner 1 detail
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 17 Mar 2023.

Key facts

  • This page summarizes Jack L. Sinclair's Form 4 filing for Sprouts Farmers Market, Inc. (SFM).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 17 Mar 2023, 20:00.

Change

  • Previous filing in this sequence was filed on 15 Mar 2023.
  • Current net transaction value: -$347,307.

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
$155,681
Shares
-4,699
Change %
-1.2%
Price
$33.13
Shares after
373,597
Date
16 Mar 2023
Ownership
Direct
Footnotes
F1, F2
SFM transaction

Common Stock, par value $0.001 per share

Sale

Transaction value
$191,626
Shares
-5,814
Change %
-1.6%
Price
$32.96
Shares after
367,783
Date
17 Mar 2023
Ownership
Direct
Footnotes
F1, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote F2

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.13 to $33.2447 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

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.83 to $32.96 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 F4

Includes 244,454 shares of common stock and 123,329 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 13,756 restricted stock units will vest on March 16, 2024, 22,205 restricted stock units will vest evenly over two years on March 15, 2024 and March 15, 2025, 64,256 restricted stock units will vest on March 14, 2024 and 23,112 restricted stock units will vest evenly over two years on March 14, 2025 and March 14, 2026. All such vests assume continued employment through the applicable vest date.

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