Lawrence Molloy - Mar 15, 2022 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Role
Chief Financial Officer
Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Lawrence Molloy
Stock symbol
SFM
Transactions as of
Mar 15, 2022
Transactions value $
$0
Form type
4
Date filed
3/23/2022, 06:26 PM
Previous filing
Sep 22, 2021
Next filing
Jun 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFM Common Stock, par value $0.001 per share Award $0 +9.05K +3.92% $0.00 240K Mar 15, 2022 Direct F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SFM Stock Option (right to buy) Award $0 +25.9K $0.00 25.9K Mar 15, 2022 Common stock, par value $0.001 per share 25.9K $31.47 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists 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 15, 2023; one-third vesting on March 15, 2024; and one-third vesting on March 15, 2025, assuming continued employment through the applicable vest date.
F2 Due to an administrative error, this Form 4 was not timely filed.
F3 Includes, in addition to the 9,051 shares described in Note (1), 57,447 shares of common stock and 173,424 restricted shares. Each restricted share represents the right to receive, upon vesting, one share of common stock. 5,287 restricted shares will vest on June 9, 2022 and 168,137 restricted shares will vest on September 20, 2023. All such vests assume continued employment through the applicable dates.
F4 These options become exercisable over three years, with one-third vesting on March 15, 2023; one-third vesting on March 15, 2024; and the remaining one-third vesting on March 15, 2025, assuming continued employment through the applicable vest date.