0001575515-24-000006.txt : 20240228
0001575515-24-000006.hdr.sgml : 20240228
20240228181100
ACCESSION NUMBER: 0001575515-24-000006
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240226
FILED AS OF DATE: 20240228
DATE AS OF CHANGE: 20240228
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lombardi Brandon F.
CENTRAL INDEX KEY: 0001581625
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36029
FILM NUMBER: 24697732
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]
ORGANIZATION NAME: 07 Trade & Services
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
wk-form4_1709161852.xml
FORM 4
X0508
4
2024-02-26
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
0
Common Stock, par value $0.001 per share
2024-02-26
4
M
0
12451
23.12
A
20779
D
Common Stock, par value $0.001 per share
2024-02-26
4
M
0
10348
24.42
A
31127
D
Common Stock, par value $0.001 per share
2024-02-26
4
S
0
22799
59.978
D
8328
D
Common Stock, par value $0.001 per share
2024-02-28
4
M
0
3865
31.47
A
12193
D
Common Stock, par value $0.001 per share
2024-02-28
4
S
0
3865
62.2101
D
8328
D
Stock Option (right to buy)
23.12
2024-02-26
4
M
0
12451
0
D
2026-03-04
Common Stock, par value $0.001 per share
12451
0
D
Stock Option (right to buy)
24.42
2024-02-26
4
M
0
10348
0
D
2028-03-16
Common Stock, par value $0.001 per share
10348
5174
D
Stock Option (right to buy)
31.47
2024-02-28
4
M
0
3865
0
D
2029-03-15
Common Stock, par value $0.001 per share
3865
7728
D
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.87 to $60.13 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.21 to $62.2101 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 8,328 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,738 restricted stock units will vest on March 16, 2024, 2,702 restricted stock units will vest evenly over two years on March 15, 2024 and March 15, 2025 and 3,888 restricted stock units will vest evenly over three years on March 14, 2024, March 14, 2025 and March 14, 2026. All such vests assume continued employment through the applicable vest date.
All such options are presently exercisable.
The reporting person is exercising options that are presently exercisable. After giving effect to this transaction, the remaining options become exercisable on March 16, 2024.
The reporting person is exercising options that are presently exercisable. After giving effect to this transaction, the remaining options become exercisable over two years, with one-half vesting on March 15, 2024 and one-half vesting on March 15, 2025, assuming continued employment through the applicable vest date.
/s/ Brandon F. Lombardi
2024-02-28