SEC Form 4 · accession 0001209191-15-004237
Sprouts Farmers Market, Inc. · SFM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Douglas Sanders
Officer — Chief Executive Officer
Period of report
Jan 12, 2015
Accepted (ET)
Jan 14, 2015 · 6:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001575515
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per share | Jan 12, 2015 | M | 37,854 | $1.0864 | A | 73,303 | D | |
| Common Stock, par value $0.001 per share | Jan 12, 2015 | M | 12,146 | $3.3255 | A | 85,449 | D | |
| Common Stock, par value $0.001 per shareF2 | Jan 12, 2015 | S | 50,000 | $34.45 | D | 35,449 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $1.0864 | Jan 12, 2015 | M | 37,854 | D | — | May 2, 2018 | Common stock, par value $0.001 per share | 37,854 | 0 | D |
| Stock Option (right to buy)F4 | $3.3255 | Jan 12, 2015 | M | 12,146 | D | — | May 2, 2018 | Common stock, par value $0.001 per share | 12,146 | 1,190,979 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2Consists of 19,911 shares of common stock and 15,538 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 4, 2015; one-third vesting on March 4, 2016; and the remaining one-third vesting on March 4, 2017, assuming continued employment through the applicable vest date.
- F3All such options are presently exercisable.
- F4All such options are presently exercisable; excludes an additional 353,798 outstanding options held by the reporting person at various strike prices.