SEC Form 4 · accession 0001209191-15-046314
Sprouts Farmers Market, Inc. · SFM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joe Fortunato
Director
Period of report
May 21, 2015
Accepted (ET)
May 22, 2015 · 6:36 pm EDT
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 shareF1,F2 | May 21, 2015 | A | 974 | $0.00 | A | 8,474 | 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 | $30.30 | May 21, 2015 | A | 3,623 | A | — | May 21, 2022 | Common stock, par value $0.001 per share | 3,623 | 3,623 | D |
Explanation of responses
- F1Consists 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 May 21, 2016; one-third vesting on May 21, 2017; and the remaining one-third vesting on May 21, 2018, assuming continued service through the applicable vest date.
- F2Consists of 7,500 shares of common stock and 974 restricted stock units.
- F3These options become exercisable in twelve equal quarterly installments at the end of each calendar quarter beginning June 30, 2015 and continuing through March 31, 2018.