Lawrence Molloy - May 4, 2023 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Role: Chief Financial Officer
Signature: /s/ Brandon F. Lombardi, Attorney-in-Fact for Lawrence Molloy
Stock symbol: SFM
Transactions as of: May 4, 2023
Transactions value $: -$1,924,548
Form type: 4
Date filed: 5/5/2023, 07:00 PM
Previous filing: Mar 17, 2023
Next filing: Sep 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	Sale	-$1.92M	-52.4K	-21.77%	$36.70	188K	May 5, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.6393 to $36.7459 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.
F2	Includes 5,847 shares of common stock and 182,597 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 168,137 restricted stock units will vest on September 20, 2023, 6,034 restricted stock units will vest over two years, with one-half vesting on March 15, 2024 and one-half vesting on March 15, 2025 and 8,426 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. All such vests assume continued employment through the applicable vest date.

Content

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.6393 to $36.7459 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.

Includes 5,847 shares of common stock and 182,597 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 168,137 restricted stock units will vest on September 20, 2023, 6,034 restricted stock units will vest over two years, with one-half vesting on March 15, 2024 and one-half vesting on March 15, 2025 and 8,426 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. All such vests assume continued employment through the applicable vest date.