SEC Form 4 · accession 0001209191-19-017203
Sprouts Farmers Market, Inc. · SFM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley Lukow
Officer — Interim Co-CEO and CFO
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 9:08 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 | Mar 1, 2019 | F | 8,617 | $23.20 | D | 130,981 | D | |
| Common Stock, par value $0.001 per share | Mar 4, 2019 | F | 1,818 | $23.12 | D | 129,163 | D | |
| Common Stock, par value $0.001 per shareF2 | Mar 4, 2019 | A | 20,732 | $0.00 | A | 149,895 | D | |
| Common Stock, par value $0.001 per shareF3 | Mar 5, 2019 | F | 2,658 | $23.12 | D | 147,237 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares were withheld to satisfy the withholding tax liability incurred upon the vesting of restricted stock.
- F2Consists 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 4, 2020; one-third vesting on March 4, 2021; and the remaining one-third vesting on March 4, 2022, assuming continued employment through the applicable vest date.
- F3Includes, in addition to the 20,732 shares described in Note (2), 85,229 shares of common stock, 24,055 restricted shares, and 17,221 performance share awards. Each restricted share and performance share award represents the right to receive, upon vesting, one share of common stock. 12,091 restricted shares will vest on March 3, 2020 and 11,964 restricted shares will vest evenly over two years on March 5, 2020 and March 5, 2021. The 17,221 performance shares will vest on March 3, 2020. All such vests assume continued employment through the applicable dates.