4//SEC Filing
Maredia Amin N. 4
Accession 0001209191-18-019604
CIK 0001575515other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 5:02 PM ET
Size
13.8 KB
Accession
0001209191-18-019604
Insider Transaction Report
Form 4
Maredia Amin N.
Chief Financial Officer
Transactions
- Sale
Common Stock, par value $0.001 per share
2018-03-12$25.33/sh−1,728$43,770→ 345,073 total
Holdings
- 33,771
Stock Option (right to buy)
Exercise: $39.01Exp: 2021-03-04→ Common stock, par value $0.001 per share (33,771 underlying) - 466,561
Stock Option (right to buy)
Exercise: $20.98Exp: 2022-08-11→ Common stock, par value $0.001 per share (466,561 underlying) - 386,496
Stock Option (right to buy)
Exercise: $24.48Exp: 2022-08-11→ Common stock, par value $0.001 per share (386,496 underlying) - 65,000(indirect: By Amin Maredia Family Growth Fund, L.P.)
Common Stock, par value $0.001 per share
- 33,439
Stock Option (right to buy)
Exercise: $34.33Exp: 2022-03-11→ Common stock, par value $0.001 per share (33,439 underlying) - 113,504
Stock Option (right to buy)
Exercise: $28.21Exp: 2023-03-04→ Common stock, par value $0.001 per share (113,504 underlying)
Footnotes (6)
- [F1]This transaction was a broker-assisted sale of shares of common stock to satisfy the withholding tax liability incurred upon the vesting of restricted stock, as mandated by the Issuer's election under its equity incentive plan documents, and does not represent a discretionary trade by the reporting person.
- [F2]Includes 90,575 shares of common stock, 158,653 restricted shares and 95,845 performance share awards. Each restricted share and performance share award represents the right to receive, upon vesting, one share of common stock. 61,500 of such restricted shares will vest in two equal quarterly installments at the end of each calendar quarter beginning March 31, 2018 and continuing through June 30, 2018, 42,598 will vest annually over two years on March 3, 2019 and 2020, and the remaining 54,555 restricted stock will vest annually over three years, with one-third vesting on March 5, 2019; one-third vesting on March 5, 2020; and the remaining one-third vesting on March 5, 2021. The performance share awards will vest annually over two years on March 3, 2019 and 2020. All such vestings assume continued employment through such dates.
- [F3]These shares of common stock are held by Amin Maredia Family Growth Fund, L.P., an entity established by the reporting person for estate planning purposes. The reporting person (i) may be deemed to have beneficial ownership of the shares owned of record thereby, and (ii) has shared voting and investment power with respect to such shares.
- [F4]All such options are presently exercisable.
- [F5]75,670 options are presently exercisable; the remaining 37,834 options become exercisable on March 4, 2019.
- [F6]276,070 options are presently exercisable; the remaining 110,426 options become exercisable equally on March 31, 2018 and June 30, 2018.
Documents
Issuer
Sprouts Farmers Market, Inc.
CIK 0001575515
Entity typeother
Related Parties
1- filerCIK 0001581624
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 5:02 PM ET
- Size
- 13.8 KB