Bruni Daniel 4
4 · Sprouts Farmers Market, Inc. · Filed Feb 22, 2018
Insider Transaction Report
Form 4
Bruni Daniel
Chief Information Officer
Transactions
- Award
Common Stock, par value $0.001 per share
2018-02-20+10,972→ 47,838 total
Footnotes (2)
- [F1]Represents performance share awards granted to the Reporting Person on March 3, 2017 under the Issuer's 2013 Incentive Plan, as amended. On February 20, 2018, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to such performance share awards. 50% of such shares will vest on each of the second and third anniversaries of the grant date, subject to the Reporting Person's continuous service through such dates.
- [F2]Includes, in addition to the 10,972 shares described in Note (1), 17,486 shares of common stock, 16,054 shares of restricted stock, 1,681 restricted stock units, and 1,645 shares of performance stock. Each share of restricted stock will vest over three years, with one-third vesting on March 3, 2018; one-third vesting on March 3, 2019; and the remaining one-third vesting on March 3, 2020. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock and will vest evenly on March 4, 2018 and March 4, 2019. The remaining performance stock awards will vest on March 11, 2018. All such vests assume continued employment through the applicable dates.