Timmi Zalatoris - Apr 1, 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
Apr 1, 2025
Transactions value $
-$239,734
Form type
4
Date filed
4/1/2025, 07:04 PM
Previous 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 Options Exercise $62.9K +2K +15.08% $31.47 15.3K Apr 1, 2025 Direct
transaction SFM Common Stock, par value $0.001 per share Sale -$303K -2K -13.1% $151.34 13.3K Apr 1, 2025 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) Options Exercise $0 -2K -30.06% $0.00 4.65K Apr 1, 2025 Common Stock, par value $0.001 per share 2K $31.47 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 This transaction was pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $151.12 to $151.64 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.
F3 Includes 9,754 shares of common stock and 3,509 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 , 1,473 restricted stock units will vest evenly over two years on March 19, 2026 and March 19, 2027 and 971 restricted stock units will vest evenly over three years on March 12, 2026, March 12, 2027 and March 12, 2028. All such vests assume continued employment through the applicable vest date.
F4 All such options are presently exercisable.