SEC Form 4 · accession 0001209191-17-018917
Sprouts Farmers Market, Inc. · SFM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Bruni
Officer — Chief Information Officer
Period of report
Mar 3, 2017
Accepted (ET)
Mar 7, 2017 · 5:37 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 | 16,054 | $0.00 | A | 21,866 | 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 16,054 restricted shares described in Note (1), 841 shares of common stock, 1,681 restricted stock units and 3,290 performance share awards. Each restricted stock unit and performance share award represents the right to receive, upon vesting, one share of common stock. The remaining restricted stock units will vest evenly on March 4, 2018 and March 4, 2019, and the performance share awards will vest over two years, with one-half vesting March 11, 2017 and the remaining one-half vesting on March 11, 2018, in each case, assuming continued employment through such dates.