SEC Form 4 · accession 0001209191-16-106185

Sprouts Farmers Market, Inc. · SFM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President & COO

Period of report

Mar 2, 2016

Accepted (ET)

Mar 4, 2016 · 5:26 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	Mar 2, 2016	M	50,000	$3.3255	A	65,533	D
Common Stock, par value $0.001 per share^F2	Mar 2, 2016	S	50,000	$29.00	D	15,533	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F3	$3.3255	Mar 2, 2016	M	50,000	D	—	May 2, 2018	Common stock, par value $0.001 per share	50,000	55,322	D

F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2Amount includes 4,677 shares of common stock, 2,219 restricted stock units and 8,637 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 vested on March 4, 2016; and the remaining one-third vesting on March 4, 2017, assuming continued employment through such date. 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.
F3All such options are presently exercisable; excludes an additional 677,210 outstanding options held by the reporting person at various strike prices.