Dustin Hamilton - Sep 9, 2024 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Dustin Hamilton
Stock symbol
SFM
Transactions as of
Sep 9, 2024
Transactions value $
-$198,102
Form type
4
Date filed
9/10/2024, 06:47 PM
Previous filing
Sep 6, 2024
Next filing
Oct 15, 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 -$198K -2K -7.09% $99.20 26.2K Sep 9, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was a broker-assisted sale of shares of common stock to satisfy the withholding tax liability incurred upon the vesting of restricted stock units, as mandated by the Issuer's election under its equity incentive plan documents, and does not represent a discretionary trade by the reporting person.
F2 Includes 10,830 shares of common stock and 15,342 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 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, 1,768 restricted stock units will vest evenly over three years on March 19, 2025, March 19, 2026 and March 19, 2027 and 2,031 restricted stock units will vest evenly over three years on September 4, 2025, September 4, 2026 and September 4, 2027. All such vests assume continued employment through the applicable vest date.