Curtis Valentine - 04 Sep 2024 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Curtis Valentine
Issuer symbol
SFM
Transactions as of
04 Sep 2024
Net transactions value
$0
Form type
4
Filing time
06 Sep 2024, 19:42:05 UTC
Previous filing
21 Mar 2024
Next filing
19 Mar 2025

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 Award $0 +2,437 +30% $0.000000 10,676 04 Sep 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 September 4, 2025; one-third vesting on September 4, 2026; and one-third vesting on September 4, 2027, assuming continued employment through the applicable vest date.
F2 Includes, in addition to the 2,437 shares described in Note (1), 2,408 shares of common stock and 5,831 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,655 restricted stock units will vest on March 15, 2025, 1,386 restricted stock units will vest evenly over two years on March 14, 2025 and March 14, 2026 and 2,790 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.