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