Jack L. Sinclair - 19 Mar 2024 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
21 Mar 2024, 20:27:51 UTC
Prior SEC filing
18 Mar 2024
Next SEC filing
21 Jun 2024
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 21 Mar 2024.

Key facts

  • This page summarizes Jack L. Sinclair's Form 4 filing for Sprouts Farmers Market, Inc. (SFM).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 21 Mar 2024, 20:27.

Change

  • Previous filing in this sequence was filed on 18 Mar 2024.
  • Current net transaction value: $0.

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

Award

Transaction value
$0
Shares
+22,792
Change %
+9.5%
Price
$0.000000
Shares after
262,434
Date
19 Mar 2024
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SFM transaction Derivative

Stock Option (right to buy)

Award

Transaction value
$0
Shares
+59,754
Change %
Price
$0.000000
Shares after
59,754
Date
19 Mar 2024
Ownership
Direct
Underlying class
Common Stock, par value $0.001 per share
Underlying amount
59,754
Exercise price
$61.15
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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 over three years, with one-third vesting on March 19, 2025; one-third vesting on March 19, 2026; and one-third vesting on March 19, 2027, assuming continued employment through the applicable vest date.

Footnote F2

Includes, in addition to the 22,792 shares described in Note (1), 205,428 shares of common stock and 34,214 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 11,102 restricted stock units will vest on March 15, 2025 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.

Footnote F3

These options become exercisable over three years, with one-third vesting on March 19, 2025; one-third vesting on March 19, 2026; and the remaining one-third vesting on March 19, 2027, assuming continued employment through the applicable vest date.

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