Timmi Zalatoris - Aug 1, 2024 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Role
Chief Human Resources Officer
Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Timmi Zalatoris
Stock symbol
SFM
Transactions as of
Aug 1, 2024
Transactions value $
-$4,702,301
Form type
4
Date filed
8/2/2024, 06:10 PM
Previous 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 Options Exercise $130K +5.31K +48.74% $24.42 16.2K Aug 1, 2024 Direct
transaction SFM Common Stock, par value $0.001 per share Options Exercise $848K +51.5K +317.74% $16.47 67.7K Aug 1, 2024 Direct
transaction SFM Common Stock, par value $0.001 per share Sale -$5.68M -56.8K -83.91% $100.00 10.9K Aug 1, 2024 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SFM Stock Option (right to buy) Options Exercise $0 -5.31K -100% $0.00* 0 Aug 1, 2024 Common Stock, par value $0.001 per share 5.31K $24.42 Direct F3
transaction SFM Stock Option (right to buy) Options Exercise $0 -51.5K -100% $0.00* 0 Aug 1, 2024 Common Stock, par value $0.001 per share 51.5K $16.47 Direct 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 $99.34 to $101.13 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 5,779 shares of common stock and 5,116 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 775 restricted stock units will vest on March 15, 2025, 2,131 restricted stock units will vest evenly over two years on March 14, 2025 and March 14, 2026 and 2,210 restricted stock units will vest evenly over three years on March 19, 2025, March 19, 2026 and March 19, 2027. All such vests assume continued employment through the applicable vest date.
F3 All such options are presently exercisable.