Joseph L. Hurley - Nov 4, 2024 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Role
Chief Supply Chain Officer
Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Joseph L. Hurley
Stock symbol
SFM
Transactions as of
Nov 4, 2024
Transactions value $
-$560,312
Form type
4
Date filed
11/5/2024, 06:21 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 $47.7K +1.95K +17.46% $24.42 13.1K Nov 4, 2024 Direct
transaction SFM Common Stock, par value $0.001 per share Options Exercise $49.5K +3K +22.86% $16.47 16.1K Nov 4, 2024 Direct
transaction SFM Common Stock, par value $0.001 per share Sale -$657K -4.96K -30.71% $132.66 11.2K Nov 4, 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 -1.95K -100% $0.00 0 Nov 4, 2024 Common Stock, par value $0.001 per share 1.95K $24.42 Direct F2
transaction SFM Stock Option (right to buy) Options Exercise $0 -3K -100% $0.00 0 Nov 4, 2024 Common Stock, par value $0.001 per share 3K $16.47 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 4,961 shares of common stock and 6,223 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,882 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.
F2 The reporting person is exercising options that are presently exercisable.