Curtis Valentine - 18 Mar 2025 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Role
Chief Financial Officer
Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Curtis Valentine
Issuer symbol
SFM
Transactions as of
18 Mar 2025
Net transactions value
$0
Form type
4
Filing time
20 Mar 2025, 18:45:27 UTC
Previous filing
19 Mar 2025
Next filing
21 Mar 2025
SEC
View on sec.gov

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 +1,928 +19% $0.000000 11,952 18 Mar 2025 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) Award $0 +5,387 $0.000000 5,387 18 Mar 2025 Common Stock, par value $0.001 per share 5,387 $137.81 Direct F3
* 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 March 12, 2026; one-third vesting on March 12, 2027; and one-third vesting on March 12, 2028, assuming continued employment through the applicable vest date.
F2 Includes, in addition to the 1,928 shares described in Note (1), 5,034 shares of common stock and 4,990 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 693 restricted stock units will vest on March 14, 2026, 1,860 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027 and 2,437 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.
F3 These options become exercisable over three years, with one-third vesting on March 12, 2026; one-third vesting on March 12, 2027; and the remaining one-third vesting on March 12, 2028, assuming continued employment through the applicable vest date.