0001209191-22-019888.txt : 20220317
0001209191-22-019888.hdr.sgml : 20220317
20220317205430
ACCESSION NUMBER: 0001209191-22-019888
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220315
FILED AS OF DATE: 20220317
DATE AS OF CHANGE: 20220317
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Phipps Gilliam
CENTRAL INDEX KEY: 0001809264
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36029
FILM NUMBER: 22750804
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]
IRS NUMBER: 320331600
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0102
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
2022-03-15
0
0001575515
Sprouts Farmers Market, Inc.
SFM
0001809264
Phipps Gilliam
5455 EAST HIGH STREET, SUITE 111
PHOENIX
AZ
85054
0
1
0
0
Senior Marketing Advisor
Common Stock, par value $0.001 per share
2022-03-15
4
A
0
4137
0.00
A
31179
D
Common Stock, par value $0.001 per share
2022-03-17
4
S
0
543
31.16
D
30636
D
Stock Option (right to buy)
31.47
2022-03-15
4
A
0
11829
0.00
A
2029-03-15
Common stock, par value $0.001 per share
11829
11829
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 15, 2023; one-third vesting on March 15, 2024; and one-third vesting on March 15, 2025, 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.
Includes, in addition to the 4,137 shares described in Note (1), 6,896 shares of common stock and 19,603 restricted shares. Each restricted share represents the right to receive, upon vesting, one share of common stock. 15,944 restricted shares will vest evenly over two years on May 12, 2022 and May 12, 2023; and 3,659 restricted shares will vest evenly over two years on March 16, 2023 and March 16, 2024. All such vests assume continued employment through the applicable dates.
These options become exercisable over three years, with one-third vesting on March 15, 2023; one-third vesting on March 15, 2024; and the remaining one-third vesting on March 15, 2025, assuming continued employment through the applicable vest date.
/s/ Brandon F. Lombardi, Attorney-in-Fact for Gilliam Phipps
2022-03-17