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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 11/21/22 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1575515 |
| Issuer Name: Sprouts Farmers Market, Inc. |
| Issuer Trading Symbol: SFM |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1412065 |
| | Owner Name: Molloy Lawrence |
| Reporting Owner Address: |
| | Owner Street 1: 5455 EAST HIGH STREET |
| | Owner Street 2: SUITE 111 |
| | Owner City: PHOENIX |
| | Owner State: AZ |
| | Owner ZIP Code: 85054 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Financial Officer |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock, par value $0.001 per share |
| | Transaction Date: |
| | | Value: 11/21/22 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: G |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 5,000 |
| | | Transaction Price Per Share: |
| Value: 0.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 233,624 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: The reported transaction represents an irrevocable transfer of common stock by gift to a charitable trust. No payment or consideration was received by the reporting person. |
| Footnote - F2: Includes 56,436 shares of common stock and 177,188 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 168,137 restricted stock units will vest on September 20, 2023 and 9,051 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. All such vests assume continued employment through the applicable vest date. |
Remarks: |
Owner Signature: |
| Signature Name: /s/ Brandon F. Lombardi, Attorney-in-Fact for Lawrence Molloy |
| Signature Date: 11/23/22 |