4//SEC Filing
Nielsen James Leroy 4
Accession 0001209191-19-017499
CIK 0001575515other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 6:21 PM ET
Size
10.4 KB
Accession
0001209191-19-017499
Insider Transaction Report
Form 4
Nielsen James Leroy
Chief Operating Officer
Transactions
- Sale
Common Stock, par value $0.001 per share
2019-03-04$22.95/sh−13,535$310,642→ 130,750 total - Award
Common Stock, par value $0.001 per share
2019-03-04+30,117→ 160,867 total - Sale
Common Stock, par value $0.001 per share
2019-03-06$22.88/sh−3,732$85,391→ 157,135 total
Footnotes (5)
- [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 $23.1367 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 $23.027 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 30,117 shares described in Note (3), 65,782 shares of common stock, 43,266 restricted shares and 17,970 performance share awards. Each restricted share and performance share award represents the right to receive, upon vesting, one share of common stock. 26,676 restricted shares will vest on March 3, 2020, and 16,590 restricted shares will vest evenly over two years on March 5, 2020 and March 5, 2021. The 17,970 performance shares will vest on March 3, 2020. All such vests assume continued employment through the applicable dates.
Documents
Issuer
Sprouts Farmers Market, Inc.
CIK 0001575515
Entity typeother
Related Parties
1- filerCIK 0001581623
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 6:21 PM ET
- Size
- 10.4 KB