SEC Form 4 · accession 0001209191-18-005662
Sprouts Farmers Market, Inc. · SFM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shon A. Boney
Director
Period of report
Jan 24, 2018
Accepted (ET)
Jan 26, 2018 · 5:38 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 | Jan 24, 2018 | M | 5,902 | $3.3255 | A | 7,272 | D | |
| Common Stock, par value $0.001 per shareF2 | Jan 24, 2018 | S | 5,902 | $28.0015 | D | 1,370 | D | |
| Common Stock, par value $0.001 per share | Jan 25, 2018 | M | 50,325 | $3.3255 | A | 51,695 | D | |
| Common Stock, par value $0.001 per shareF3 | Jan 25, 2018 | S | 50,325 | $28.0082 | D | 1,370 | D | |
| Common Stock, par value $0.001 per share | Jan 26, 2018 | M | 235,000 | $3.3255 | A | 236,370 | D | |
| Common Stock, par value $0.001 per shareF4,F5 | Jan 26, 2018 | S | 235,000 | $28.0107 | D | 1,370 | 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)F6 | $3.3255 | Jan 24, 2018 | M | 5,902 | D | — | May 2, 2018 | Common stock, par value $0.001 per share | 5,902 | 360,767 | D |
| Stock Option (right to buy)F6 | $3.3255 | Jan 25, 2018 | M | 50,325 | D | — | May 2, 2018 | Common stock, par value $0.001 per share | 50,352 | 310,442 | D |
| Stock Option (right to buy)F6 | $3.3255 | Jan 26, 2018 | M | 235,000 | D | — | May 2, 2018 | Common stock, par value $0.001 per share | 235,000 | 75,442 | 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 $28.00 to $28.02 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 $28.00 to $28.07 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.
- F4The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.00 to $28.03 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.
- F5Includes 914 shares of common stock and 456 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. The restricted stock units will vest on November 10, 2018, assuming continued service through the vest date.
- F6All such options are presently exercisable.