Hamilton Dustin 4
4 · Sprouts Farmers Market, Inc. · Filed Mar 21, 2024
Insider Transaction Report
Form 4
Hamilton Dustin
Chief Stores Officer
Transactions
- Award
Common Stock, par value $0.001 per share
2024-03-19+1,768→ 27,688 total - Award
Stock Option (right to buy)
2024-03-19+4,636→ 4,636 totalExercise: $61.15Exp: 2031-03-19→ Common Stock, par value $0.001 per share (4,636 underlying)
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 19, 2025; one-third vesting on March 19, 2026; and one-third vesting on March 19, 2027, assuming continued employment through the applicable vest date.
- [F2]Includes, in addition to the 1,768 shares described in Note (1), 9,699 shares of common stock and 16,221 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 4,678 restricted stock units will vest on September 7, 2024, 2,007 restricted stock units will vest on March 15, 2025, 3,614 restricted stock units will vest evenly over two years on October 10, 2024 and October 10, 2025 and 5,922 restricted stock units will vest evenly over two years on March 14, 2025 and March 14, 2026. 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 19, 2025; one-third vesting on March 19, 2026; and the remaining one-third vesting on March 19, 2027, assuming continued employment through the applicable vest date.