Form 4 for SFM Sprouts Farmers Market, Inc.
Accepted 2024-03-21 00:00:00 ET · period of report 2024-03-19 · accession 0001575515-24-000083 · 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 | 2024-03-21 | 2024-03-19 | SFM | Sinclair Jack | CEO, Dir | A - Grant | $0.00 | +22.8K | 262.4K | +10% | $0 |
| D | 2024-03-21 | 2024-03-19 | SFM | Sinclair Jack | CEO, Dir | A - Grant | $0.00 | +59.8K | 59.8K | 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 | 2024-03-19 | A | A | 22,792 | $0.00 | 262,434 | 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 19, 2025; one-third vesting on March 19, 2026; and one-third vesting on March 19, 2027, assuming continued employment through the applicable vest date. (F2) Includes, in addition to the 22,792 shares described in Note (1), 205,428 shares of common stock and 34,214 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 11,102 restricted stock units will vest on March 15, 2025 and 23,112 restricted stock units will vest evenly over two years on March 14, 2025 and March 14, 2026. All such vests assume continued employment through the applicable vest date. |
| 2 | Derivative | Stock Option (right to buy) | 2024-03-19 | A | A | 59,754 | $0.00 | 59,754 | D | $61.15 · — to 2031-03-19 | 59,754 Common Stock, par value $0.001 per share | (F3) These options become exercisable over three years, with one-third vesting on March 19, 2025; one-third vesting on March 19, 2026; and the remaining one-third vesting on March 19, 2027, assuming continued employment through the applicable vest date. |