Filing Details

Accession Number:
0001562180-20-006350
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-10-13 16:20:20
Reporting Period:
2020-10-08
Accepted Time:
2020-10-13 16:20:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1517375 Sprout Social Inc. SPT Services-Prepackaged Software (7372) 272404165
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1791816 Russell Justyn Howard 131 South Dearborn St.
Suite 700
Chicago IL 60603
President And Ceo No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2020-10-08 20,000 $0.00 20,000 No 4 C Indirect See footnote
Class A Common Stock Disposition 2020-10-08 20,000 $45.06 0 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See footnote
No 4 S Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Acquisiton 2020-10-08 120,916 $0.00 120,916 $0.00
Class A Common Stock Class B Common Stock Disposition 2020-10-08 20,000 $0.00 20,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
572,440 No 4 A Direct
3,196,471 No 4 C Indirect
Footnotes
  1. Following the transactions reported herein, this represents (i) 2,561,471 shares of Class B common stock held by the JRH Revocable Trust, of which the Reporting Person serves as the sole trustee; (ii) 50,000 shares of Class B common stock held by the EEH Revocable Trust, of which the Reporting Person's spouse serves as the sole trustee; (iii) 285,000 shares of Class B common stock held by the JRH Gift Trust, of which the Reporting Person's spouse serves as the sole trustee; and (iv) 300,000 shares of Class B common stock held by the EEH Gift Trust, of which the Reporting Person serves as the sole trustee.
  2. The transactions occurred under a 10b5-1 plan.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.53 to $45.48 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to 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.
  4. Shares of Class B Common Stock have no economic rights and each share entitles its holder to 10 votes per share. Each share of Class B Common Stock is exchangeable by the holder on a one-for-one basis for Class A Common Stock at any time and does not expire.