0001575515-24-000031.txt : 20240318
0001575515-24-000031.hdr.sgml : 20240318
20240318211222
ACCESSION NUMBER: 0001575515-24-000031
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240314
FILED AS OF DATE: 20240318
DATE AS OF CHANGE: 20240318
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sinclair Jack
CENTRAL INDEX KEY: 0001719121
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36029
FILM NUMBER: 24760867
MAIL ADDRESS:
STREET 1: 800 WEST 1ST STREET
STREET 2: APT. 2308
CITY: LOS ANGELES
STATE: CA
ZIP: 90012
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_1710810725.xml
FORM 4
X0508
4
2024-03-14
0
0001575515
Sprouts Farmers Market, Inc.
SFM
0001719121
Sinclair Jack
5455 EAST HIGH STREET, SUITE 111
PHOENIX
AZ
85054
1
1
0
0
Chief Executive Officer
0
Common Stock, par value $0.001 per share
2024-03-14
4
S
0
31710
63.0295
D
274981
D
Common Stock, par value $0.001 per share
2024-03-15
4
S
0
24775
62.4732
D
250206
D
Common Stock, par value $0.001 per share
2024-03-18
4
S
0
10564
63.5592
D
239642
D
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.54 to $63.74 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.
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 $62.47 to $63.06 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 $63.46 to $63.56 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 205,428 shares of common stock and 34,214 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 11,102 restricted stock units will vest on March 15, 2025 and 23,112 restricted stock units will vest evenly over two years on March 14, 2025 and March 14, 2026. All such vests assume continued employment through the applicable vest date.
/s/ Brandon F. Lombardi, Attorney-in-Fact for Jack L. Sinclair
2024-03-18