Form 4 for SFM Sprouts Farmers Market, Inc.
Accepted 2023-08-31 00:00:00 ET · period of report 2023-08-30 · accession 0001209191-23-047882 · 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 | 2023-08-31 | 2023-08-30 | SFM | Coffin Kim | SVP, Chief Forager | M - OptEx | $28.69 | +5,311 | 10.3K | +107% | +$152.4K |
| D | 2023-08-31 | 2023-08-30 | SFM | Coffin Kim | SVP, Chief Forager | S - Sale+OE | $40.58 | -7,286 | 6,190 | -54% | -$295.7K |
| DM | 2023-08-31 | 2023-08-30 | SFM | Coffin Kim | SVP, Chief Forager | M - OptEx | $0.00 | -5,311 | 6,435 | -45% | $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 | 2023-08-30 | M | A | 3,218 | $31.47 | 13,476 | D | — | — | |
| 2 | Common | Common Stock, par value $0.001 per share | 2023-08-30 | S | D | 7,286 | $40.58 | 6,190 | D | — | — | (F1) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.5601 to $40.61 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. (F2) Includes 6,190 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 703 restricted stock units will vest on March 16, 2024, 2,250 restricted stock units will vest evenly over two years on March 15, 2024 and March 15, 2025 and 3,237 restricted stock units will vest evenly over three years on March 14, 2024, March 14, 2025 and March 14, 2026. All such vests assume continued employment through the applicable dates. |
| 3 | Common | Common Stock, par value $0.001 per share | 2023-08-30 | M | A | 2,093 | $24.42 | 10,258 | D | — | — | |
| 4 | Derivative | Stock Option (right to buy) | 2023-08-30 | M | D | 2,093 | $0.00 | 2,093 | D | $24.42 · — to 2028-03-16 | 2,093 Common stock, par value $0.001 per share | (F3) The reporting person is exercising options that are presently exercisable. After giving effect to this transaction, the remaining options become exercisable on March 16, 2024. |
| 5 | Derivative | Stock Option (right to buy) | 2023-08-30 | M | D | 3,218 | $0.00 | 6,435 | D | $31.47 · — to 2029-03-15 | 3,218 Common stock, par value $0.001 per share | (F4) 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 15, 2024 and March 15, 2025. |