SEC Form 4/A · accession 0001209191-16-123274
Sprouts Farmers Market, Inc. · SFM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
James Leroy Nielsen
Officer — President & COO
Period of report
Aug 11, 2015
Accepted (ET)
May 25, 2016 · 5:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001575515
Table I — non-derivative securities
No Table I lines on this filing.
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)F1,F2 | $20.98 | Aug 11, 2015 | A | 466,561 | A | — | Aug 11, 2022 | Common stock, par value $0.001 per share | 466,561 | 466,561 | D |
Explanation of responses
- F1Reflects a reduction of 33,439 stock options, the excess portion of stock options purportedly granted to the reporting person on August 11, 2015 in connection with the reporting person's promotion to President & Chief Operating Officer, which excess portion has been determined to have been in excess of annual plan limits and thus null and void.
- F2A total of 125,000 options vested and became exercisable in equal quarterly installments at the end of each calendar quarter beginning September 30, 2015 through March 31, 2016. 41,666 options will vest and become exercisable in eight equal quarterly installments at the end of each calendar quarter beginning June 30, 2016, continuing through March 31, 2018, and the remaining 8,233 options will vest on June 30, 2018.