Form 4 for SFM Sprouts Farmers Market, Inc.
Accepted 2022-03-17 00:00:00 ET · period of report 2022-03-15 · accession 0001209191-22-019877 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-17 | 2022-03-17 | SFM | Sanders Dan J | Chief Ops Off | S - Sale | $31.16 | -510 | 38.4K | -1% | -$15.9K |
| D | 2022-03-17 | 2022-03-15 | SFM | Sanders Dan J | Chief Ops Off | A - Grant | $0.00 | +4,015 | 38.9K | +12% | $0 |
| D | 2022-03-17 | 2022-03-15 | SFM | Sanders Dan J | Chief Ops Off | A - Grant | $0.00 | +11.5K | 11.5K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.001 per share | 2022-03-17 | S | D | 510 | $31.16 | 38,383 | D | — | — | (F3) Includes, in addition to the 4,015 shares described in Note (1), 28,596 shares of common stock and 5,772 restricted shares. Each restricted share represents the right to receive, upon vesting, one share of common stock. 2,341 restricted shares will vest on March 9, 2023; and 3,431 restricted shares will vest evenly over two years on March 16, 2023 and March 16, 2024. All such vests assume continued employment through the applicable dates. |
| 2 | Common | Common Stock, par value $0.001 per share | 2022-03-15 | A | A | 4,015 | $0.00 | 38,893 | D | — | — | (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. |
| 3 | Derivative | Stock Option (right to buy) | 2022-03-15 | A | A | 11,480 | $0.00 | 11,480 | D | $31.47 · — to 2029-03-15 | 11,480 Common stock, par value $0.001 per share | (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. |