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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 3/10/21 |
| 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: 1581625 |
| | Owner Name: Lombardi Brandon F. |
| 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 Legal Officer |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock, par value $0.001 per share |
| | Transaction Date: |
| | | Value: 3/10/21 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,089 |
| | | Transaction Price Per Share: |
| Value: 23.17 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 37,308 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: 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. |
| Footnote - F2: Includes 29,779 shares of common stock and 7,529 restricted shares. Each restricted share represents the right to receive, upon vesting, one share of common stock. 2,667 shares will vest on March 4, 2022; and 4,862 shares will vest evenly over two years on March 9, 2022 and March 9, 2023. All such vests assume continued employment through the applicable dates. |
| Remarks: |
| Owner Signature: |
| Signature Name: /s/ Brandon F. Lombardi |
| Signature Date: 3/12/21 |
