SEC Form 4 · accession 0001209191-18-050731

Sprouts Farmers Market, Inc. · SFM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Operations Officer

Period of report

Sep 11, 2018

Accepted (ET)

Sep 12, 2018 · 8:02 pm EDT

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
Common Stock, par value $0.001 per share	Sep 11, 2018	M	15,117	$20.98	A	58,645	D
Common Stock, par value $0.001 per share^F1	Sep 11, 2018	S	15,117	$28.9116	D	43,528	D
Common Stock, par value $0.001 per share	Sep 11, 2018	M	4,812	$28.21	A	48,340	D
Common Stock, par value $0.001 per share^F1,F2	Sep 11, 2018	S	4,812	$28.9116	D	43,528	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F3	$20.98	Sep 11, 2018	M	15,117	D	—	Aug 11, 2022	Common stock, par value $0.001 per share	15,117	0	D
Stock Option (right to buy)^F4	$28.21	Sep 11, 2018	M	4,812	D	—	Mar 4, 2023	Common stock, par value $0.001 per share	4,812	2,405	D

F1The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.90 to $28.95 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.
F2Includes 30,750 shares of restricted stock and 12,778 performance share awards. Each share of restricted stock and performance share awards represents the right to receive, upon vesting, one share of common stock. 23,428 shares of restricted stock will vest evenly over two years on March 3, 2019 and 2020. 814 shares of restricted stock will vest on March 4, 2019. The remaining 6,508 restricted shares 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. The 12,778 performance shares will vest annually over two years on March 3, 2019 and 2020. All such vests assume continued employment through the applicable dates.
F3All such options are presently exercisable.
F4The reporting person is exercising options that are presently exercisable. After giving effect to this transaction, the remaining options become exercisable on March 4, 2019.