Konat Nicholas 4
4 · Sprouts Farmers Market, Inc. · Filed Mar 21, 2024
Insider Transaction Report
Form 4
Konat Nicholas
President & COO
Transactions
- Award
Common Stock, par value $0.001 per share
2024-03-19+3,767→ 114,341 total - Award
Stock Option (right to buy)
2024-03-19+9,876→ 9,876 totalExercise: $61.15Exp: 2031-03-19→ Common Stock, par value $0.001 per share (9,876 underlying)
Footnotes (3)
- [F1]Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. These restricted stock units will vest over three years, with one-third vesting on March 19, 2025; one-third vesting on March 19, 2026; and one-third vesting on March 19, 2027, assuming continued employment through the applicable vest date.
- [F2]Includes, in addition to the 3,767 shares described in Note (1), 3,410 shares of common stock and 107,164 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 75,714 restricted stock units vested on March 21, 2024, 26,822 restricted stock units will vest on March 21, 2025, and 4,628 restricted stock units will vest evenly over two years on March 14, 2025 and March 14, 2026, assuming continued employment through the applicable vest date.
- [F3]These options become exercisable over three years, with one-third vesting on March 19, 2025; one-third vesting on March 19, 2026; and the remaining one-third vesting on March 19, 2027, assuming continued employment through the applicable vest date.