4//SEC Filing
Lombardi Brandon F. 4
Accession 0001575515-24-000006
CIK 0001575515other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 6:11 PM ET
Size
18.6 KB
Accession
0001575515-24-000006
Insider Transaction Report
Form 4
Lombardi Brandon F.
Chief Legal Officer
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2024-02-26−10,348→ 5,174 totalExercise: $24.42Exp: 2028-03-16→ Common Stock, par value $0.001 per share (10,348 underlying) - Sale
Common Stock, par value $0.001 per share
2024-02-26$59.98/sh−22,799$1,367,438→ 8,328 total - Exercise/Conversion
Common Stock, par value $0.001 per share
2024-02-26$23.12/sh+12,451$287,867→ 20,779 total - Exercise/Conversion
Stock Option (right to buy)
2024-02-26−12,451→ 0 totalExercise: $23.12Exp: 2026-03-04→ Common Stock, par value $0.001 per share (12,451 underlying) - Sale
Common Stock, par value $0.001 per share
2024-02-28$62.21/sh−3,865$240,442→ 8,328 total - Exercise/Conversion
Stock Option (right to buy)
2024-02-28−3,865→ 7,728 totalExercise: $31.47Exp: 2029-03-15→ Common Stock, par value $0.001 per share (3,865 underlying) - Exercise/Conversion
Common Stock, par value $0.001 per share
2024-02-26$24.42/sh+10,348$252,698→ 31,127 total - Exercise/Conversion
Common Stock, par value $0.001 per share
2024-02-28$31.47/sh+3,865$121,632→ 12,193 total
Footnotes (6)
- [F1]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.87 to $60.13 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.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.21 to $62.2101 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 8,328 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,738 restricted stock units will vest on March 16, 2024, 2,702 restricted stock units will vest evenly over two years on March 15, 2024 and March 15, 2025 and 3,888 restricted stock units will vest evenly over three years on March 14, 2024, March 14, 2025 and March 14, 2026. All such vests assume continued employment through the applicable vest date.
- [F4]All such options are presently exercisable.
- [F5]The reporting person is exercising options that are presently exercisable. After giving effect to this transaction, the remaining options become exercisable on March 16, 2024.
- [F6]The reporting person is exercising options that are presently exercisable. After giving effect to this transaction, the remaining options become exercisable over two years, with one-half vesting on March 15, 2024 and one-half 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 0001581625
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 6:11 PM ET
- Size
- 18.6 KB