Molloy Lawrence 4
4 · Sprouts Farmers Market, Inc. · Filed Mar 15, 2023
Insider Transaction Report
Form 4
Molloy Lawrence
Director
Transactions
- Award
Stock Option (right to buy)
2023-03-14+21,654→ 21,654 totalExercise: $32.95Exp: 2030-03-14→ Common stock, par value $0.001 per share (21,654 underlying) - Award
Common Stock, par value $0.001 per share
2023-03-14+8,426→ 242,050 total
Footnotes (3)
- [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 14, 2024; one-third vesting on March 14, 2025; and one-third vesting on March 14, 2026, assuming continued employment through the applicable vest date.
- [F2]Includes, in addition to the 8,426 shares described in Note (1), 56,436 shares of common stock and 177,188 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 168,137 restricted stock units will vest on September 20, 2023 and 9,051 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. All such vests assume continued employment through the applicable vest date.
- [F3]These options become exercisable over three years, with one-third vesting on March 14, 2024; one-third vesting on March 14, 2025; and the remaining one-third vesting on March 14, 2026, assuming continued employment through the applicable vest date.