0001575515-24-000043.txt : 20240319 0001575515-24-000043.hdr.sgml : 20240319 20240319190838 ACCESSION NUMBER: 0001575515-24-000043 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240315 FILED AS OF DATE: 20240319 DATE AS OF CHANGE: 20240319 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Coffin Kim CENTRAL INDEX KEY: 0001968688 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36029 FILM NUMBER: 24765697 MAIL ADDRESS: STREET 1: 5455 EAST HIGH STREET, SUITE 111 CITY: PHOENIX STATE: AZ ZIP: 85054 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Sprouts Farmers Market, Inc. CENTRAL INDEX KEY: 0001575515 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 320331600 STATE OF INCORPORATION: DE FISCAL YEAR END: 1229 BUSINESS ADDRESS: STREET 1: 5455 E. HIGH ST. STREET 2: SUITE 111 CITY: PHOENIX STATE: AZ ZIP: 85054 BUSINESS PHONE: 480-814-8016 MAIL ADDRESS: STREET 1: 5455 E. HIGH ST. STREET 2: SUITE 111 CITY: PHOENIX STATE: AZ ZIP: 85054 FORMER COMPANY: FORMER CONFORMED NAME: Sprouts Farmers Markets, LLC DATE OF NAME CHANGE: 20130426 4 1 wk-form4_1710889698.xml FORM 4 X0508 4 2024-03-15 0 0001575515 Sprouts Farmers Market, Inc. SFM 0001968688 Coffin Kim 5455 EAST HIGH STREET, SUITE 111 PHOENIX AZ 85054 0 1 0 0 SVP, Chief Forager 0 Common Stock, par value $0.001 per share 2024-03-15 4 S 0 351 62.4736 D 5839 D Common Stock, par value $0.001 per share 2024-03-18 4 S 0 506 63.5599 D 5333 D Common Stock, par value $0.001 per share 2024-03-18 4 M 0 2093 24.42 A 7426 D Common Stock, par value $0.001 per share 2024-03-18 4 M 0 3218 31.47 A 10644 D Common Stock, par value $0.001 per share 2024-03-18 4 M 0 2774 32.95 A 13418 D Common Stock, par value $0.001 per share 2024-03-18 4 S 0 8085 63.2705 D 5333 D Common Stock, par value $0.001 per share 2024-03-18 4 S 0 728 63.3447 D 4605 D Stock Option (right to buy) 24.42 2024-03-18 4 M 0 2093 0 D 2028-03-16 Common Stock, par value $0.001 per share 2093 0 D Stock Option (right to buy) 31.47 2024-03-18 4 M 0 3218 0 D 2029-03-15 Common Stock, par value $0.001 per share 3218 3217 D Stock Option (right to buy) 32.95 2024-03-18 4 M 0 2774 0 D 2030-03-14 Common Stock, par value $0.001 per share 2774 5546 D 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.47 to $63.10 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.53 to $63.59 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.245 to $63.321 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.34 to $63.355 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. Includes 1,322 shares of common stock and 3,283 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,125 restricted stock units will vest on March 15, 2025 and 2,158 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 dates. The reporting person is exercising options that are presently exercisable. The reporting person is exercising options that are presently exercisable. After giving effect to this transaction, the remaining options become exercisable on March 15, 2025, assuming continued employment through such vest date. The reporting person is exercising options that are presently exercisable. After giving effect to this transaction, the remaining options become exercisable evenly over two years on March 14, 2025 and March 14, 2026, assuming continued employment through the applicable vest date. /s/ Brandon F. Lombardi, Attorney-in-Fact for Kim Coffin 2024-03-19