4//SEC Filing
Gensch Shawn R 4
Accession 0001209191-19-017496
CIK 0001575515other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 6:20 PM ET
Size
14.4 KB
Accession
0001209191-19-017496
Insider Transaction Report
Form 4
Gensch Shawn R
Chief Marketing Officer
Transactions
- Sale
Common Stock, par value $0.001 per share
2019-03-04$22.95/sh−2,509$57,584→ 22,917 total - Award
Common Stock, par value $0.001 per share
2019-03-04+6,276→ 29,193 total - Sale
Common Stock, par value $0.001 per share
2019-03-05$23.18/sh−260$6,027→ 28,933 total - Sale
Common Stock, par value $0.001 per share
2019-03-06$22.88/sh−541$12,379→ 28,392 total - Award
Stock Option (right to buy)
2019-03-04+9,764→ 9,764 totalExercise: $23.12Exp: 2026-03-04→ Common stock, par value $0.001 per share (9,764 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 units, 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]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.95 to $23.1345 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.
- [F3]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 4, 2020; one-third vesting on March 4, 2021; and the remaining one-third vesting on March 4, 2022, assuming continued employment through the applicable vest date.
- [F4]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.88 to $23.0575 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.
- [F5]Includes, in addition to the 6,276 shares described in Note (3), 10,532 shares of common stock, 6,073 restricted shares, and 5,511 performance share awards. Each restricted share and performance share award represents the right to receive, upon vesting, one share of common stock. 2,449 restricted shares will vest on March 3, 2020, and 3,624 restricted shares will vest evenly over two years on March 5, 2020 and March 5, 2021. The 5,511 performance shares will vest on March 3, 2020. All such vests assume continued employment through the applicable dates.
- [F6]These options become exercisable in three equal annual installments on March 4, 2020, March 4, 2021, and March 4, 2022, assuming continued employment through the vest dates.
Documents
Issuer
Sprouts Farmers Market, Inc.
CIK 0001575515
Entity typeother
Related Parties
1- filerCIK 0001616785
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 6:20 PM ET
- Size
- 14.4 KB