Nielsen James Leroy 4
4 · Sprouts Farmers Market, Inc. · Filed Sep 12, 2018
Insider Transaction Report
Form 4
Nielsen James Leroy
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2018-09-10$20.98/sh+466,561$9,788,450→ 610,846 total - Exercise/Conversion
Stock Option (right to buy)
2018-09-10−466,561→ 0 totalExercise: $20.98Exp: 2022-08-11→ Common stock, par value $0.001 per share (466,561 underlying) - Sale
Common Stock, par value $0.001 per share
2018-09-10$29.26/sh−466,561$13,649,289→ 144,285 total
Footnotes (3)
- [F1]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.00 to $29.62 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 30,106 shares of common stock, 78,238 restricted shares and 35,941 performance share awards. Each restricted share and performance share award represents the right to receive, upon vesting, one share of common stock. 53,353 restricted shares will vest annually over two years on March 3, 2019 and 2020, and 24,885 will vest 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 shares will vest annually over two years on March 3, 2019 and 2020. All such vests assume continued employment through the applicable dates.
- [F3]All such options are presently exercisable.