4//SEC Filing
Phipps Gilliam 4
Accession 0001209191-22-019888
CIK 0001575515other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 8:54 PM ET
Size
10.2 KB
Accession
0001209191-22-019888
Insider Transaction Report
Form 4
Phipps Gilliam
SVP, Chief Marketing Officer
Transactions
- Sale
Common Stock, par value $0.001 per share
2022-03-17$31.16/sh−543$16,920→ 30,636 total - Award
Common Stock, par value $0.001 per share
2022-03-15+4,137→ 31,179 total - Award
Stock Option (right to buy)
2022-03-15+11,829→ 11,829 totalExercise: $31.47Exp: 2029-03-15→ Common stock, par value $0.001 per share (11,829 underlying)
Footnotes (4)
- [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. These restricted stock units will vest over three years, with one-third vesting on March 15, 2023; one-third vesting on March 15, 2024; and one-third vesting on March 15, 2025, assuming continued employment through the applicable vest date.
- [F2]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.
- [F3]Includes, in addition to the 4,137 shares described in Note (1), 6,896 shares of common stock and 19,603 restricted shares. Each restricted share represents the right to receive, upon vesting, one share of common stock. 15,944 restricted shares will vest evenly over two years on May 12, 2022 and May 12, 2023; and 3,659 restricted shares will vest evenly over two years on March 16, 2023 and March 16, 2024. All such vests assume continued employment through the applicable dates.
- [F4]These options become exercisable over three years, with one-third vesting on March 15, 2023; one-third vesting on March 15, 2024; and the remaining one-third vesting on March 15, 2025, assuming continued employment through the applicable vest date.
Documents
Issuer
Sprouts Farmers Market, Inc.
CIK 0001575515
Entity typeother
Related Parties
1- filerCIK 0001809264
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 8:54 PM ET
- Size
- 10.2 KB