SEC Form 4 · accession 0001209191-16-107154
Sprouts Farmers Market, Inc. · SFM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley Lukow
Officer — Chief Financial Officer
Period of report
Mar 4, 2016
Accepted (ET)
Mar 8, 2016 · 6:54 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 shareF1 | Mar 4, 2016 | A | 18,525 | $0.00 | A | 18,525 | 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 | $28.21 | Mar 4, 2016 | A | 41,036 | A | — | Mar 4, 2023 | Common stock, par value $0.001 per share | 41,036 | 41,036 | 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 March 4, 2017; one-third vesting on March 4, 2018; and the remaining one-third vesting on March 4, 2019, assuming continued employment through the applicable vest date.
- F2These options become exercisable in three equal annual installments on March 4, 2017, March 4, 2018 and March 4, 2019.