Statement of Changes in Beneficial Ownership (4)
July 03 2018 - 5:55PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Maredia Amin N.
|
2. Issuer Name
and
Ticker or Trading Symbol
Sprouts Farmers Market, Inc.
[
SFM
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__
X
__ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
Chief Executive Officer
|
(Last)
(First)
(Middle)
5455 EAST HIGH STREET, SUITE 111
|
3. Date of Earliest Transaction
(MM/DD/YYYY)
7/2/2018
|
(Street)
PHOENIX, AZ 85054
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock, par value $0.001 per share
|
7/2/2018
|
|
S
(1)
|
|
12303
|
D
|
$22.03
|
293211
(2)
|
D
|
|
Common Stock, par value $0.001 per share
|
|
|
|
|
|
|
|
65000
|
I
|
By Amin Maredia Family Growth Fund, L.P.
(3)
|
Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3)
|
2. Conversion or Exercise Price of Derivative Security
|
3. Trans. Date
|
3A. Deemed Execution Date, if any
|
4. Trans. Code
(Instr. 8)
|
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
6. Date Exercisable and Expiration Date
|
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
|
8. Price of Derivative Security
(Instr. 5)
|
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
|
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
|
11. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
(A)
|
(D)
|
Date Exercisable
|
Expiration Date
|
Title
|
Amount or Number of Shares
|
Stock Option (right to buy)
|
$39.01
|
|
|
|
|
|
|
(4)
|
3/4/2021
|
Common stock, par value $0.001 per share
|
33771
|
|
33771
|
D
|
|
Stock Option (right to buy)
|
$34.33
|
|
|
|
|
|
|
(4)
|
3/11/2022
|
Common stock, par value $0.001 per share
|
33439
|
|
33439
|
D
|
|
Stock Option (right to buy)
|
$24.48
|
|
|
|
|
|
|
(4)
|
8/11/2022
|
Common stock, par value $0.001 per share
|
386496
|
|
386496
|
D
|
|
Stock Option (right to buy)
|
$20.98
|
|
|
|
|
|
|
(4)
|
8/11/2022
|
Common stock, par value $0.001 per share
|
466561
|
|
466561
|
D
|
|
Stock Option (right to buy)
|
$28.21
|
|
|
|
|
|
|
(5)
|
3/4/2023
|
Common stock, par value $0.001 per share
|
113504
|
|
113504
|
D
|
|
Explanation of Responses:
|
(1)
|
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, as mandated by the Issuer's election under its equity incentive plan documents, and does not represent a discretionary trade by the reporting person.
|
(2)
|
Includes 100,213 shares of common stock, 97,153 restricted shares and 95,845 performance share awards. Each restricted share and performance share award represents the right to receive, upon vesting, one share of common stock. 42,598 of such restricted shares will vest annually over two years on March 3, 2019 and 2020, and the remaining 54,555 restricted shares will vest annually over three years, with one-third vesting on March 5, 2019; one-third vesting on March 5, 2020; and the remaining one-third vesting on March 5, 2021. The performance share awards will vest annually over two years on March 3, 2019 and 2020. All such vestings assume continued employment through such dates.
|
(3)
|
These shares of common stock are held by Amin Maredia Family Growth Fund, L.P., an entity established by the reporting person for estate planning purposes. The reporting person (i) may be deemed to have beneficial ownership of the shares owned of record thereby, and (ii) has shared voting and investment power with respect to such shares.
|
(4)
|
All such options are presently exercisable.
|
(5)
|
75,670 options are presently exercisable; the remaining 37,834 options become exercisable on March 4, 2019.
|
Reporting Owners
|
Reporting Owner Name / Address
|
Relationships
|
Director
|
10% Owner
|
Officer
|
Other
|
Maredia Amin N.
5455 EAST HIGH STREET
SUITE 111
PHOENIX, AZ 85054
|
X
|
|
Chief Executive Officer
|
|
Signatures
|
/s/ Brandon F. Lombardi, Attorney-in-Fact for Amin N. Maredia
|
|
7/3/2018
|
**
Signature of Reporting Person
|
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
|
*
|
If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
|
**
|
Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
|
Note:
|
File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
|
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
|
Sprouts Farmers Market (NASDAQ:SFM)
Historical Stock Chart
From Aug 2024 to Sep 2024
Sprouts Farmers Market (NASDAQ:SFM)
Historical Stock Chart
From Sep 2023 to Sep 2024