Timmi Zalatoris - Mar 18, 2025 Form 4 Insider Report for Sprouts Farmers Market, Inc. (SFM)

Role
Chief Human Resources Officer
Signature
/s/ Brandon F. Lombardi, Attorney-in-Fact for Timmi Zalatoris
Stock symbol
SFM
Transactions as of
Mar 18, 2025
Transactions value $
-$101,163
Form type
4
Date filed
3/20/2025, 06:44 PM
Previous filing
Mar 19, 2025
Next filing
Mar 21, 2025
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 +971 +7.28% $0.00 14.3K Mar 18, 2025 Direct F1
transaction SFM Common Stock, par value $0.001 per share Sale -$101K -736 -5.14% $137.45 13.6K Mar 19, 2025 Direct 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 +2.72K $0.00 2.72K Mar 18, 2025 Common Stock, par value $0.001 per share 2.72K $137.81 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 12, 2026; one-third vesting on March 12, 2027; and one-third vesting on March 12, 2028, assuming continued employment through the applicable vest date.
F2 This transaction was pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F3 Includes, in addition to the 971 shares described in Note (1), 10,066 shares of common stock and 2,538 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,065 restricted stock units will vest on March 14, 2026 and 1,473 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027. All such vests assume continued employment through the applicable vest date.
F4 These options become exercisable over three years, with one-third vesting on March 12, 2026; one-third vesting on March 12, 2027; and the remaining one-third vesting on March 12, 2028, assuming continued employment through the applicable vest date.