Nicholas Konat - 21 Mar 2022 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Role
President & COO
Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Nicholas Konat
Issuer symbol
SFM
Transactions as of
21 Mar 2022
Transactions value $
$0
Form type
4
Filing time
23 Mar 2022, 18:28:35 UTC
Previous filing
18 Jan 2022
Next filing
15 Mar 2023
SEC
View on sec.gov

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 +7.13K $0.00 7.13K 21 Mar 2022 Direct F1
transaction SFM Common Stock, par value $0.001 per share Award $0 +97.8K +1371.43% $0.00 105K 21 Mar 2022 Direct F2

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 +20.3K $0.00 20.3K 21 Mar 2022 Common stock, par value $0.001 per share 20.3K $32.05 Direct F3
* 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 21, 2023; one-third vesting on March 21, 2024; and one-third vesting on March 21, 2025, assuming continued employment through the applicable vest date.
F2 Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 73,337 restricted stock units will vest on March 21, 2024 and 24,446 restricted stock units will vest on March 21, 2025, assuming continued employment through the applicable vest date.
F3 These options become exercisable over three years, with one-third vesting on March 21, 2023; one-third vesting on March 21, 2024; and the remaining one-third vesting on March 21, 2025, assuming continued employment through the applicable vest date.