0001209191-16-107162.txt : 20160308
0001209191-16-107162.hdr.sgml : 20160308
20160308190044
ACCESSION NUMBER: 0001209191-16-107162
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160304
FILED AS OF DATE: 20160308
DATE AS OF CHANGE: 20160308
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Sprouts Farmers Market, Inc.
CENTRAL INDEX KEY: 0001575515
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411]
IRS NUMBER: 320331600
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0103
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Frumkin Theodore Edward II
CENTRAL INDEX KEY: 0001581628
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36029
FILM NUMBER: 161492974
MAIL ADDRESS:
STREET 1: 11811 N. TATUM BOULEVARD SUITE 2400
CITY: PHOENIX
STATE: AZ
ZIP: 85028
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-03-04
0
0001575515
Sprouts Farmers Market, Inc.
SFM
0001581628
Frumkin Theodore Edward II
5455 EAST HIGH STREET
SUITE 111
PHOENIX
AZ
85054
0
1
0
0
Chief Development Officer
Common Stock, par value $0.001 per share
2016-03-04
4
A
0
2364
0.00
A
7661
D
Common Stock, par value $0.001 per share
2016-03-07
4
S
0
271
27.9299
D
7390
D
Stock Option (right to buy)
28.21
2016-03-04
4
A
0
6984
0.00
A
2023-03-04
Common stock, par value $0.001 per share
6984
6984
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 4, 2017; one-third vesting on March 4, 2018; and the remaining one-third vesting on March 4, 2019, assuming continued employment through the applicable vest date.
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 $27.9125 to $27.93 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.
Amount includes 1,043 shares of common stock, 3,178 restricted stock units and 3,169 performance share awards. Each restricted stock unit and performance share award represent the right to receive, upon vesting, one share of common stock. In addition to the shares underlying the restricted stock units described in footnote 1 above, the remaining 814 restricted stock units will vest on March 4, 2017, assuming continued employment through such date. The performance share awards will vest over two years, with one-half vesting on March 11, 2017 and the remaining one-half vesting on March 11, 2018, assuming continued employment through such dates.
These options become exercisable in three equal annual installments on March 4, 2017, March 4, 2018 and March 4, 2019.
/s/ Brandon F. Lombardi, Attorney-in-Fact for Theodore E. Frumkin
2016-03-08