Nicholas Konat - May 8, 2024 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Nicholas Konat
Stock symbol
SFM
Transactions as of
May 8, 2024
Transactions value $
-$2,298,318
Form type
4
Date filed
5/8/2024, 07:01 PM
Previous filing
Mar 26, 2024

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 Sale -$2.3M -31K -37.58% $74.14 51.5K May 8, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.00 to $74.705 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.
F2 Includes 16,278 shares of common stock and 35,217 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 26,822 restricted stock units will vest on March 21, 2025, 4,628 restricted stock units will vest evenly over two years on March 14, 2025 and March 14, 2026, and 3,767 restricted stock units will vest evenly over three on March 19, 2025, March 19, 2026 and March 19, 2027, assuming continued employment through the applicable vest date.