SEC Form 4 · accession 0001209191-17-018891
Sprouts Farmers Market, Inc. · SFM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Leroy Nielsen
Officer — President & COO
Period of report
Mar 3, 2017
Accepted (ET)
Mar 7, 2017 · 5:31 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,F2 | Mar 3, 2017 | A | 80,031 | $0.00 | A | 97,108 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists of a grant of restricted stock. Each restricted stock represents the right to receive, upon vesting, one share of common stock. These shares of restricted stock will vest over three years, with one-third vesting on March 3, 2018; one-third vesting on March 3, 2019; and the remaining one-third vesting on March 3, 2020, assuming continued employment through the applicable vest date.
- F2Includes, in addition to the 80,031 restricted shares described in Note (1), 5,839 shares of common stock, 2,601 restricted shares and 8,637 performance share awards. Each restricted share and performance share award represent the right to receive, upon vesting, one share of common stock. The restricted shares will vest on June 30, 2018, and the performance share awards will vest one-half on March 11, 2017 and one-half on March 11, 2018, in each case, assuming continued employment through such dates.