SEC Form 4 · accession 0001209191-15-065920
Sprouts Farmers Market, Inc. · SFM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Jhawar
Director
Period of report
Aug 11, 2015
Accepted (ET)
Aug 13, 2015 · 7:43 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 | Aug 11, 2015 | A | 1,240 | $0.00 | A | 1,240 | 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)F2 | $20.98 | Aug 11, 2015 | A | 5,181 | A | — | Aug 11, 2022 | Common stock, par value $0.001 per share | 5,181 | 5,181 | 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 August 11, 2016; one-third vesting on August 11, 2017; and the remaining one-third vesting on August 11, 2018, assuming continued service through the applicable vest date.
- F2These options become exercisable in twelve equal quarterly installments at the end of each calendar quarter beginning September 30, 2015 and continuing through June 30, 2018.