Phipps Gilliam 4
4 · Sprouts Farmers Market, Inc. · Filed May 14, 2020
Insider Transaction Report
Form 4
Phipps Gilliam
SVP, Chief Marketing Officer
Transactions
- Award
Common Stock, par value $0.001 per share
2020-05-12+23,917→ 23,917 total - Award
Stock Option (right to buy)
2020-05-12+15,569→ 15,569 totalExercise: $25.58Exp: 2027-05-12→ Common stock, par value $0.001 per share (15,569 underlying)
Footnotes (2)
- [F1]Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. Of such grant, 18,223 restricted stock units are a one-time sign-on grant in connection with the hiring of the reporting person in April 2020. These restricted stock units will vest over three years, with one-third vesting on May 12, 2021; one-third vesting on May 12, 2022; and the remaining one-third vesting on May 12, 2023, assuming continued employment through the applicable vest date.
- [F2]These options become exercisable over three years, with one-third vesting on May 12, 2021; one-third vesting on May 12, 2022; and the remaining one-third vesting on May 12, 2023, assuming continued employment through the vest dates.