SEC Form 4 · accession 0001209191-16-104590
Sprouts Farmers Market, Inc. · SFM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donna Berlinski
Officer — VP, Controller
Period of report
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 5:04 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 | Feb 29, 2016 | M | 9,625 | $3.7755 | A | 14,767 | D | |
| Common Stock, par value $0.001 per shareF1 | Feb 29, 2016 | S | 9,625 | $27.68 | D | 5,142 | 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 | $3.7755 | Feb 29, 2016 | M | 9,625 | D | — | Jul 23, 2019 | Common stock, par value $0.001 per share | 9,625 | 0 | D |
Explanation of responses
- F1Amount includes 3,657 shares of common stock, 509 restricted stock units and 976 performance share awards. Each restricted stock unit and performance share award represent the right to receive, upon vesting, one share of common stock. The restricted stock units will vest over three years, with one-third vested 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 such dates. The performance share awards will vest over two years, with one-half vesting on March 11, 2017 and the remaining one-half vesting on March 11, 2018, assuming continued employment through such dates.
- F2All such options are presently exercisable.