Form 4 for SFM Sprouts Farmers Market, Inc.
Accepted 2023-03-15 00:00:00 ET · period of report 2023-03-14 · accession 0001209191-23-019093 · 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 | 2023-03-15 | 2023-03-14 | SFM | Zalatoris Timmi | CHRO | A - Grant | $0.00 | +3,197 | 15.1K | +27% | $0 |
| D | 2023-03-15 | 2023-03-14 | SFM | Zalatoris Timmi | CHRO | A - Grant | $0.00 | +8,216 | 8,216 | 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 | 2023-03-14 | A | A | 3,197 | $0.00 | 15,142 | 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 14, 2024; one-third vesting on March 14, 2025; and one-third vesting on March 14, 2026, assuming continued employment through the applicable vest date. (F2) Includes, in addition to the 3,197 shares described in Note (1), 8,429 shares of common stock and 3,516 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,189 restricted stock units will vest evenly over two years on March 16, 2023 and March 16, 2024 and 2,327 restricted stock units 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. |
| 2 | Derivative | Stock Option (right to buy) | 2023-03-14 | A | A | 8,216 | $0.00 | 8,216 | D | $32.95 · — to 2030-03-14 | 8,216 Common stock, par value $0.001 per share | (F3) These options become exercisable over three years, with one-third vesting on March 14, 2024; one-third vesting on March 14, 2025; and the remaining one-third vesting on March 14, 2026, assuming continued employment through the applicable vest date. |