0001209191-21-019210.txt : 20210309 0001209191-21-019210.hdr.sgml : 20210309 20210309180435 ACCESSION NUMBER: 0001209191-21-019210 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210305 FILED AS OF DATE: 20210309 DATE AS OF CHANGE: 20210309 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lombardi Brandon F. CENTRAL INDEX KEY: 0001581625 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36029 FILM NUMBER: 21727248 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: 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 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2021-03-05 0 0001575515 Sprouts Farmers Market, Inc. SFM 0001581625 Lombardi Brandon F. 5455 EAST HIGH STREET SUITE 111 PHOENIX AZ 85054 0 1 0 0 Chief Legal Officer Common Stock, par value $0.001 per share 2021-03-05 4 S 0 929 23.8611 D 29863 D Common Stock, par value $0.001 per share 2021-03-05 4 A 0 13016 0.00 A 42879 D Common Stock, par value $0.001 per share 2021-03-08 4 S 0 4482 23.80 D 38397 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 or performance shares, 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 $23.86 to $24.105 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. On March 5, 2018, the reporting person was granted performance share awards covering 6,508 shares of the Issuer's common stock at the target performance level, zero to 200% of which would become eligible to vest based on the achievement of 2020 performance goals as certified by the Issuer's compensation committee. Following certification of achievement of the performance criteria for fiscal 2020 by the Issuer's compensation committee at the 200% performance level, 13,016 shares vested on March 5, 2021. Includes 28,436 shares of common stock and 9,961 restricted shares. Each restricted share represents the right to receive, upon vesting, one share of common stock. 2,667 shares will vest on March 4, 2022; and 7,294 shares 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. All such vests assume continued employment through the applicable dates. /s/ Brandon F. Lombardi 2021-03-09