SEC Form 4 · accession 0001209191-17-007613
Sprouts Farmers Market, Inc. · SFM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Douglas Sanders
Director
Period of report
Feb 1, 2017
Accepted (ET)
Feb 3, 2017 · 4:30 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 1, 2017 | M | 22,500 | $3.3255 | A | 77,810 | D | |
| Common Stock, par value $0.001 per shareF2 | Feb 1, 2017 | S | 22,500 | $18.4494 | D | 55,310 | D | |
| Common Stock, par value $0.001 per share | Feb 2, 2017 | M | 22,500 | $3.3255 | A | 77,810 | D | |
| Common Stock, par value $0.001 per shareF3,F4 | Feb 2, 2017 | S | 22,500 | $18.7866 | D | 55,310 | 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)F5 | $3.3255 | Feb 1, 2017 | M | 22,500 | D | — | May 2, 2018 | Common stock, par value $0.001 per share | 22,500 | 423,947 | D |
| Stock Option (right to buy)F5 | $3.3255 | Feb 2, 2017 | M | 22,500 | D | — | May 2, 2018 | Common stock, par value $0.001 per share | 22,500 | 401,447 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.26 to $18.91 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.42 to $18.93 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote
- F4Amount includes 27,099 shares of common stock, 5,179 restricted stock units and 23,032 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 on March 4, 2017, assuming continued service 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 service through such dates.
- F5All such options are presently exercisable.