SEC Form 4 · accession 0001209191-18-017835
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 5, 2018
Accepted (ET)
Mar 7, 2018 · 6:26 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 | Mar 5, 2018 | A | 5,283 | $0.00 | A | 53,121 | D | |
| Common Stock, par value $0.001 per shareF3 | Mar 5, 2018 | F | 1,825 | $25.64 | D | 51,296 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. These restricted stock units will vest over three years, with one-third vesting on March 5, 2019; one-third vesting on March 5, 2020; and the remaining one-third vesting on March 5, 2021, assuming continued employment through the applicable vest date.
- F2Shares were withheld to satisfy the withholding tax liability incurred upon the vesting of restricted stock.
- F3Includes, in addition to the 5,283 shares described in Note (1), 21,854 shares of common stock, 11,542 shares of restricted stock and 12,617 performance share awards. Each restricted share and performance share award represent the right to receive, upon vesting, one share of common stock. 10,702 shares of restricted stock will vest annually over two years on March 3, 2019 and 2020. The remaining 840 shares of restricted stock will vest on March 4, 2019. 1,645 performance share awards will vest on March 11, 2018. The remaining 10,972 performance shares will vest annually over two years on March 3, 2019 and 2020. All such vests assume continued employment through the applicable dates.