Dustin Hamilton - Aug 27, 2024 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Role
Chief Stores Officer
Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Dustin Hamilton
Stock symbol
SFM
Transactions as of
Aug 27, 2024
Transactions value $
-$423,575
Form type
4
Date filed
8/28/2024, 06:34 PM
Previous filing
Aug 23, 2024
Next filing
Sep 6, 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 $96.3K +4.05K +14.89% $23.80 31.2K Aug 27, 2024 Direct
transaction SFM Common Stock, par value $0.001 per share Sale -$413K -4.05K -12.96% $102.00 27.2K Aug 27, 2024 Direct
transaction SFM Common Stock, par value $0.001 per share Sale -$107K -1.05K -3.86% $102.00 26.1K Aug 27, 2024 Direct F1

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 -4.05K -66.67% $0.00 2.02K Aug 27, 2024 Common Stock, par value $0.001 per share 4.05K $23.80 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 8,149 shares of common stock and 17,989 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 4,678 restricted stock units will vest on September 7, 2024, 2,007 restricted stock units will vest on March 15, 2025, 3,614 restricted stock units will vest evenly over two years on October 10, 2024 and October 10, 2025, 5,922 restricted stock units will vest evenly over two years on March 14, 2025 and March 14, 2026 and 1,768 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.
F2 The reporting person is exercising options that are presently exercisable. After giving effect to this transaction, the remaining options become exercisable on September 7, 2024, assuming continued employment through such vest date.