X0306 4 2020-03-09 0 0001575515 Sprouts Farmers Market, Inc. SFM 0001686510 Sanders Dan J 5455 EAST HIGH STREET SUITE 111 PHOENIX AZ 85054 0 1 0 0 Chief Operations Officer Common Stock, par value $0.001 per share 2020-03-09 4 A 0 7024 0.00 A 44760 D Stock Option (right to buy) 16.47 2020-03-09 4 A 0 23551 0.00 A 2027-03-09 Common stock, par value $0.001 per share 23551 23551 D 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 9, 2021; one-third vesting on March 9, 2022; and the remaining one-third vesting on March 9, 2023, assuming continued employment through the applicable vest date. Includes, in addition to the 7,024 shares described in Note (1), 30,555 shares of common stock and 7,181 restricted shares. Each restricted share and performance share award represents the right to receive, upon vesting, one share of common stock. 2,169 restricted shares will vest on March 5, 2021; and 5,012 will vest evenly over two years on March 4, 2021 and March 4, 2022. All such vests assume continued employment through the applicable dates. These options become exercisable over three years, with one-third vesting on March 9, 2021; one-third vesting on March 9, 2022; and the remaining one-third vesting on March 9, 2023, assuming continued employment through the vest dates. /s/ Brandon F. Lombardi, Attorney-in-Fact for Dan J. Sanders 2020-03-11