0001209191-19-017504.txt : 20190306
0001209191-19-017504.hdr.sgml : 20190306
20190306182258
ACCESSION NUMBER: 0001209191-19-017504
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190304
FILED AS OF DATE: 20190306
DATE AS OF CHANGE: 20190306
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: 19663759
MAIL ADDRESS:
STREET 1: 11811 N. TATUM BOULEVARD SUITE 2400
CITY: PHOENIX
STATE: AZ
ZIP: 85028
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: 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
doc4.xml
FORM 4 SUBMISSION
X0306
4
2019-03-04
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
2019-03-04
4
S
0
3106
22.9508
D
31826
D
Common Stock, par value $0.001 per share
2019-03-04
4
A
0
5749
0.00
A
37575
D
Common Stock, par value $0.001 per share
2019-03-05
4
S
0
235
23.18
D
37340
D
Common Stock, par value $0.001 per share
2019-03-06
4
S
0
496
22.8809
D
36844
D
Stock Option (right to buy)
23.12
2019-03-04
4
A
0
8945
0.00
A
2026-03-04
Common stock, par value $0.001 per share
8945
8945
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 $22.95 to $23.1245 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.
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, 2020; one-third vesting on March 4, 2021; and the remaining one-third vesting on March 4, 2022, assuming continued employment through the applicable vest date.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.88 to $23.0281 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, in addition to the 5,749 shares described in Note (3), 17,875 shares of common stock, 8,269 restricted shares, and 4,951 performance share awards. Each restricted share and performance share award represents the right to receive, upon vesting, one share of common stock. 4,951 restricted shares will vest on March 3, 2020, and 3,318 restricted shares will vest evenly over two years on March 5, 2020 and March 5, 2021. The 4,951 performance shares will vest on March 3, 2020. All such vests assume continued employment through the applicable dates.
These options become exercisable in three equal annual installments on March 4, 2020, March 4, 2021, and March 4, 2022, assuming continued employment through the vest dates.
/s/ Brandon F. Lombardi, Attorney-in-Fact for Theodore E. Frumkin
2019-03-06