Joe Fortunato - Mar 4, 2024 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 4, 2024
Transactions value $
-$828,230
Form type
4
Date filed
3/6/2024, 07:06 PM
Previous filing
Mar 15, 2023
Next filing
Mar 21, 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 -$828K -13K -24.81% $63.71 39.4K Mar 4, 2024 Direct F1, F2
holding SFM Common Stock, par value $0.001 per share 15K Mar 4, 2024 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 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.58 to $64.02 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 32,616 shares of common stock and 6,779 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.
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.