Frumkin Theodore Edward II 4
4 · Sprouts Farmers Market, Inc. · Filed Nov 21, 2018
Insider Transaction Report
Form 4
Frumkin Theodore Edward II
SVP - Business Development
Transactions
- Sale
Common Stock, par value $0.001 per share
2018-11-19$27.52/sh−53,333$1,467,580→ 34,932 total - Exercise/Conversion
Common Stock, par value $0.001 per share
2018-11-19$6.92/sh+23,333$161,359→ 58,265 total - Exercise/Conversion
Stock Option (right to buy)
2018-11-19−23,333→ 50,000 totalExercise: $6.92Exp: 2019-12-21→ Common stock, par value $0.001 per share (23,333 underlying) - Exercise/Conversion
Stock Option (right to buy)
2018-11-19−30,000→ 0 totalExercise: $20.98Exp: 2022-08-11→ Common stock, par value $0.001 per share (30,000 underlying) - Exercise/Conversion
Common Stock, par value $0.001 per share
2018-11-19$20.98/sh+30,000$629,400→ 88,265 total
Footnotes (4)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.99 to $27.74 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.
- [F3]Includes 9,361 shares of common stock, 15,668 shares of restricted stock, and 9,903 performance share awards. Each restricted stock unit and performance share award represents the right to receive, upon vesting, one share of common stock. 9,903 shares of restricted stock will vest annually over two years on March 3, 2019, and 2020; 788 shares of restricted stock will vest on March 4, 2019; and the remaining 4,977 will vest 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 shares will vest annually over two years on March 3, 2019 and 2020. All such vests assume continued employment through the applicable dates.
- [F4]All such options are presently exercisable.