Home > Insider Trading > Filing (0000899243-21-001878)

Filing Details

Accession Number:: 0000899243-21-001878
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-01-13 18:46:10
Reporting Period:: 2021-01-04

Accepted Time:: 2021-01-13 18:46:10
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
1791802	Jason Kreuziger	200 West Street New York NY 10282		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2021-01-04	140	$45.71	2,332,906	No	4	S	Indirect	See Footnotes
Class A Common Stock	Disposition	2021-01-04	500	$45.63	2,332,406	No	4	S	Indirect	See Footnotes
Class A Common Stock	Acquisiton	2021-01-08	100	$50.51	2,331,784	No	4	P	Indirect	See Footnotes
Class A Common Stock	Acquisiton	2021-01-08	40	$50.52	2,331,824	No	4	P	Indirect	See Footnotes
Class A Common Stock	Acquisiton	2021-01-08	401	$50.53	2,332,225	No	4	P	Indirect	See Footnotes
Class A Common Stock	Acquisiton	2021-01-08	99	$50.54	2,332,324	No	4	P	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	734	Direct

Footnotes

The amount of profit, if any, potentially recoverable by Sprout Social, Inc. (the "Issuer") from the reported transactions has been remitted to the Issuer.
The Reporting Person is a managing director of Goldman Sachs & Co. LLC ("Goldman Sachs"). Goldman Sachs is a direct subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Exchange Act, or for any other purpose.
After giving effect to the purchases on January 8, 2021, Goldman Sachs and GS Group may be deemed to beneficially own indirectly, in the aggregate, 2,332,324 shares of the Class A common stock (the "Common Stock") of the Issuer by reason of the direct or indirect beneficial ownership of: (i) 2,287,268 shares by Broad Street Principal Investments, L.L.C., (ii) 39,071 shares of Common Stock held by GS Fund Holdings, L.L.C., (iii) 662 shares of Common Stock held by certain investment entities (the "GS Funds") of which Goldman Sachs is the investment manager and affiliates of Goldman Sachs and GS Group are the general partner, managing limited partner, managing general partner, managing partner, managing member or member, and (iv) Goldman Sachs may be deemed to beneficially own 5,323 shares of Common Stock.
The Reporting Person holds 6,420 Restricted Stock Units ("RSUs") on behalf of GS Group, which will vest on the earlier of (i) the day immediately preceding the date of the first annual meeting of the Issuer's stockholders following the date of the grant and (ii) the first anniversary of the date of grant. Each RSU represents a contingent right to receive one share of Common Stock of the Issuer and has no expiration date.
The Reporting Person is currently analyzing additional trading activity in the Issuer's equity securities and, if necessary, will file another Form 4 as promptly as reasonably practicable once that analysis is complete.