Sprouts Farmers Market 2013 Annual Report Download - page 46

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Table of Contents
PART II
Market Information
Our common stock began trading on the NASDAQ Global Select Market under the symbol “SFM” on August 1, 2013. Prior to
that date, there was no public market for our common stock. The price range per share of common stock presented below
represents the highest and lowest closing prices for our common stock on the NASDAQ Global Select Market for each full quarterly
period since our IPO.
The closing price of our common stock as of February 24, 2014 was $35.93 per share, and the number of stockholders of
record of our common stock as of February 24, 2013 was 530. This number excludes stockholders whose stock is held in nominee
or street name by brokers.
Dividend Policy
Since we became a publicly traded company on August 1, 2013, we have not declared or paid, and do not anticipate declaring
or paying in the foreseeable future, any cash dividends on our capital stock. Any future determination as to the declaration and
payment of dividends, if any, will be at the discretion of our board of directors and will depend on then existing conditions, including
our operating results, financial condition, contractual restrictions, capital requirements, business prospects, and other factors our
board of directors may deem relevant. Our Credit Facility contains covenants that would restrict our ability to pay cash dividends.
Issuer Purchases of Equity Securities
None.
Equity Compensation Plan Information
As of December 29, 2013, the following table shows the number of securities to be issued upon exercise of outstanding
options under our equity compensation plans.
41
Item 5.
Market for Registrant
’
s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities
High
Low
2013
Third quarter
$
46.31
$
33.00
Fourth quarter
$
49.45
$
35.58
Plan Category
Number of
Securities to
Be Issued
Upon
Exercise of
Outstanding
Options
(a)
Weighted
-
Average
Exercise
Price of
Outstanding
Options
(b)
Number of
Securities
Remaining
Available
for Future
Issuance
Under Equity
Compensation
Plans
(Excluding
Securities
Reflected in
Column (a))
(c)
Equity Compensation Plans Approved by
Stockholders(1)
405,279
$
18.00
9,681,960
Equity Compensation Plans Not Approved by
Stockholders(2)
10,447,394
$
3.00
—
Total
10,852,673
$
3.56
9,681,960