Sprouts CMO receives option and RSU grants
Sprouts Farmers Market, Inc. reported that Chief Merchandising Officer Don Clark received new equity awards.
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Rhea-AI Filing Summary
Sprouts Farmers Market, Inc. reported that Chief Merchandising Officer Don Clark received new equity awards. He was granted stock options for 6,688 shares of common stock at an exercise price of $78.84 per share and 16,371 restricted stock units.
The restricted stock units each represent the right to receive one share of common stock upon vesting. Both the RSUs and options vest over three years, with one-third vesting on March 12, 2027, one-third on March 12, 2028, and one-third on March 12, 2029, assuming he remains employed through each vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 6,688 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $0.001 per share | 16,371 | $0.00 | $0.00 |
Footnotes (2)
- 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 12, 2027; one-third vesting on March 12, 2028; and one-third vesting on March 12, 2029, assuming continued employment through the applicable vest date.
- F2. These options become exercisable over three years, with one-third vesting on March 12, 2027; one-third vesting on March 12, 2028; and the remaining one-third vesting on March 12, 2029, assuming continued employment through the applicable vest date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Sprouts (SFM) grant to Chief Merchandising Officer Don Clark?
How do Don Clark’s new restricted stock units from Sprouts (SFM) vest?
What are the terms of Don Clark’s new Sprouts (SFM) stock options?
Is Don Clark’s Form 4 transaction in Sprouts (SFM) a market purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.