4//SEC Filing
Molloy Lawrence 4
Accession 0001209191-23-050426
CIK 0001575515other
Filed
Sep 21, 8:00 PM ET
Accepted
Sep 22, 6:30 PM ET
Size
6.2 KB
Accession
0001209191-23-050426
Insider Transaction Report
Form 4
Molloy Lawrence
Director
Transactions
- Sale
Common Stock, par value $0.001 per share
2023-09-21$40.30/sh−71,242$2,870,960→ 117,202 total
Footnotes (3)
- [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 $40.125 to $40.30 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]Includes 102,742 shares of common stock and 14,460 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 6,034 restricted stock units will vest over two years, with one-half vesting on March 15, 2024 and one-half vesting on March 15, 2025 and 8,426 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. All such vests assume continued employment through the applicable vest date.
Documents
Issuer
Sprouts Farmers Market, Inc.
CIK 0001575515
Entity typeother
Related Parties
1- filerCIK 0001412065
Filing Metadata
- Form type
- 4
- Filed
- Sep 21, 8:00 PM ET
- Accepted
- Sep 22, 6:30 PM ET
- Size
- 6.2 KB