# EDGAR Filing Document

**Accession Number:** 0001575515
**File Stem:** 0001209191-23-018298
**Filing Date:** 2023-3
**Character Count:** 8617
**Document Hash:** 9560511f1cdb43089f1469fa6d9bec6f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001209191-23-018298.hdr.sgml**: 20230313

**ACCESSION NUMBER**: 0001209191-23-018298

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230313

**FILED AS OF DATE**: 20230313

**DATE AS OF CHANGE**: 20230313

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Zalatoris Timmi
- **CENTRAL INDEX KEY:** 0001968423

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36029
- **FILM NUMBER:** 23728830

**MAIL ADDRESS:**
- **STREET 1:** 5455 EAST HIGH STREET, SUITE 111
- **CITY:** PHOENIX
- **STATE:** AZ
- **ZIP:** 85054
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Sprouts Farmers Market, Inc.
- **CENTRAL INDEX KEY:** 0001575515
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-GROCERY STORES [5411]
- **IRS NUMBER:** 320331600
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0101

**BUSINESS ADDRESS:**
- **STREET 1:** 5455 E. HIGH ST.
- **STREET 2:** SUITE 111
- **CITY:** PHOENIX
- **STATE:** AZ
- **ZIP:** 85054
- **BUSINESS PHONE:** 480-814-8016

**MAIL ADDRESS:**
- **STREET 1:** 5455 E. HIGH ST.
- **STREET 2:** SUITE 111
- **CITY:** PHOENIX
- **STATE:** AZ
- **ZIP:** 85054

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Sprouts Farmers Markets, LLC
- **DATE OF NAME CHANGE:** 20130426

## Ex-24

```

POWER OF ATTORNEY

KNOW ALL BY THESE PRESENTS, that the undersigned, Timmi Zalatoris, hereby
constitutes and appoints each of Jack L. Sinclair, Lawrence P. Molloy and
Brandon F. Lombardi and each of them acting individually, her true and lawful
attorneys-in-fact to:

1. execute and file for and on behalf of the undersigned a Form ID, and any
amendments thereto, in order to obtain access codes necessary to make electronic
filings with the United States Securities and Exchange Commission (the "SEC");

2. execute for and on behalf of the undersigned Forms 3, 4 and 5 relating to the
Common Stock, par value $0.001 per share, of Sprouts Farmers Market, Inc. (the
"Company") in accordance with Section 16(a) of the Securities Exchange Act of
1934 (the "Exchange Act") and the rules thereunder;

3. do and perform any and all acts for and on behalf of the undersigned which
may be necessary or desirable to complete the execution of any such Form 3, 4 or
5 and the timely filing of such form with the SEC and any other authority,
including the Nasdaq Stock Market; and

4. take any other action of any type whatsoever in connection with the foregoing
which, in the opinion of such attorney-in-fact, may be of benefit to, in the
best interest of, or legally required by, the undersigned, it being understood
that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact may approve in his
discretion.

The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform all and every act and thing whatsoever requisite,
necessary and proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as such attorney in-fact
might or could do if personally present, with full power of substitution or
revocation, hereby ratifying and confirming that such attorney-in-fact, or his
substitute or substitutes, shall lawfully do or cause to be done by virtue of
this power of attorney and the rights and powers herein granted. The undersigned
acknowledges that the foregoing attorneys-in-fact, in serving in such capacity
at the request of the undersigned, are not assuming any of the undersigned's
responsibilities to comply with Section 16 of the Exchange Act.

This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, and 5 with respect to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned caused this Power of Attorney to be executed
as of this 13th day of March, 2023.

/s/ Timmi Zalatoris
Timmi Zalatoris

```

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Zalatoris Timmi<br><sub>(Last) (First) (Middle)</sub><br>5455 EAST HIGH STREET, SUITE 111<br><sub>(Street)</sub><br>PHOENIX, AZ 85054<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>Sprouts Farmers Market, Inc. [ SFM ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2023-03-13 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [ ] 10% Owner<br>[X] Officer (give title below)   [ ] Other (specify below)<br>_Chief Human Resources Officer_ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Common Stock, par value $0.001 per share | 11945<sup>(1)</sup> | D |  |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Stock Option (right to buy) | <sup>(2)</sup> | 2027-03-09 | Common stock, par value $0.001 per share | 64362 | $16.47 | D |  |
| Stock Option (right to buy) | <sup>(3)</sup> | 2028-03-16 | Common stock, par value $0.001 per share | 5310 | $24.42 | D |  |
| Stock Option (right to buy) | <sup>(4)</sup> | 2029-03-15 | Common stock, par value $0.001 per share | 6654 | $31.47 | D |  |

---

### Footnotes:

(1) Includes 8,429 shares of common stock and 3,516 restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of common stock. 1,189 restricted stock units will vest evenly over two years on March 16, 2023 and March 16, 2024 and 2,327 restricted stock units will vest evenly over three years on March 15, 2023, March 15, 2024 and March 15, 2025. All such vests assume continued employment through the applicable dates.

(2) These options are presently exercisable.

(3) 1,770 options are presently exercisable. The remaining 3,540 options become exercisable over two years, with one-half vesting on March 16, 2023 and one-half vesting on March 16, 2024, assuming continued employment through the applicable vest date.

(4) These options become exercisable over three years, with one-third vesting on March 15, 2023; one-third vesting on March 15, 2024; and the remaining one-third vesting on March 15, 2025, assuming continued employment through the applicable vest date.

**Signature:** /s/ Brandon F. Lombardi, Attorney-in-Fact for Timmi Zalatoris  
**Date:** 2023-03-13

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**