Nicholas Konat - Mar 22, 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 22, 2023
Transactions value $
-$21,359
Form type
4
Date filed
3/22/2023, 06:40 PM
Previous filing
Mar 15, 2023
Next filing
Mar 18, 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 Sale -$21.4K -642 -0.57% $33.27 111K Mar 22, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 Includes 1,735 shares of common stock and 109,479 restricted stock units. 75,714 restricted stock units will vest on March 21, 2024, 26,822 restricted stock units will vest on March 21, 2025, and 6,943 restricted stock units will vest evenly over three years on March 14, 2024, March 14, 2025 and March 14, 2026, assuming continued employment through the applicable vest date.