Form 4 for SFM Sprouts Farmers Market, Inc.
Accepted 2022-08-10 00:00:00 ET · period of report 2022-08-08 · accession 0001209191-22-045308 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-08-10 | 2022-08-08 | SFM | Sanders Dan J | Chief Store Ops Off | M - OptEx | $20.36 | +31.0K | 64.3K | +93% | +$631.4K |
| DM | 2022-08-10 | 2022-08-08 | SFM | Sanders Dan J | Chief Store Ops Off | S - Sale+OE | $30.26 | -59.6K | 38.4K | -61% | -$1.80M |
| DM | 2022-08-10 | 2022-08-08 | SFM | Sanders Dan J | Chief Store Ops Off | M - OptEx | $0.00 | -31.0K | 7,850 | -80% | $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 | 2022-08-08 | M | A | 2,405 | $28.21 | 40,788 | D | — | — | |
| 2 | Common | Common Stock, par value $0.001 per share | 2022-08-08 | M | A | 7,798 | $23.12 | 48,586 | D | — | — | |
| 3 | Common | Common Stock, par value $0.001 per share | 2022-08-08 | S | D | 28,596 | $30.22 | 9,787 | D | — | — | (F2) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.84 to $30.61 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 9,787 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; 3,431 restricted shares will vest evenly over two years on March 16, 2023 and March 16, 2024; and 4,015 restricted shares will vest evenly over three years on March 15, 2023, March 15, 2024 and March 15, 2025. All such vests assume continued employment through the applicable dates. |
| 4 | Common | Common Stock, par value $0.001 per share | 2022-08-08 | M | A | 5,107 | $24.42 | 69,394 | D | — | — | |
| 5 | Common | Common Stock, par value $0.001 per share | 2022-08-08 | S | D | 31,011 | $30.29 | 38,383 | D | — | — | (F1) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.94 to $30.61 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. |
| 6 | Common | Common Stock, par value $0.001 per share | 2022-08-08 | M | A | 15,701 | $16.47 | 64,287 | D | — | — | |
| 7 | Derivative | Stock Option (right to buy) | 2022-08-08 | M | D | 5,107 | $0.00 | 10,214 | D | $24.42 · — to 2028-03-16 | 5,107 Common stock, par value $0.001 per share | (F6) The reporting person is exercising options that are presently exercisable. After giving effect to this transaction, the remaining options become exercisable evenly over two years on March 16, 2023 and March 16, 2024. |
| 8 | Derivative | Stock Option (right to buy) | 2022-08-08 | M | D | 7,798 | $0.00 | 0 | D | $23.12 · — to 2026-03-04 | 7,798 Common stock, par value $0.001 per share | (F4) All such options are presently exercisable. |
| 9 | Derivative | Stock Option (right to buy) | 2022-08-08 | M | D | 2,405 | $0.00 | 0 | D | $28.21 · — to 2023-03-04 | 2,405 Common stock, par value $0.001 per share | (F4) All such options are presently exercisable. |
| 10 | Derivative | Stock Option (right to buy) | 2022-08-08 | M | D | 15,701 | $0.00 | 7,850 | D | $16.47 · — to 2027-03-09 | 15,701 Common stock, par value $0.001 per share | (F5) The reporting person is exercising options that are presently exercisable. After giving effect to this transaction, the remaining options become exercisable on March 9, 2023. |