Filing Details

Accession Number:
0001517375-22-000051
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-11-21 16:02:40
Reporting Period:
2022-11-17
Accepted Time:
2022-11-21 16:02:40
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
1642519 Karen Walker 131 South Dearborn St.
Suite 700
Chicago IL 60603
Yes 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 Disposition 2022-11-17 3,987 $61.87 19,933 No 4 S Indirect see footnote
Class A Common Stock Disposition 2022-11-17 3,987 $61.96 15,946 No 4 S Indirect see footnote
Class A Common Stock Disposition 2022-11-17 3,987 $62.03 11,959 No 4 S Indirect see footnote
Class A Common Stock Disposition 2022-11-18 3,800 $60.56 51,358 No 4 S Direct
Class A Common Stock Disposition 2022-11-18 1,200 $61.12 50,158 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect see footnote
No 4 S Indirect see footnote
No 4 S Indirect see footnote
No 4 S Direct
No 4 S Direct
Footnotes
  1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.87 to $61.88 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.
  2. Following the transactions reported on this form, this amount represents: (i) 3,987 shares of Issuer Class A Common Stock held by the Michael Alexander Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees; (ii) 3,986 shares of Issuer Class A Common Stock held by the Alexander Brooke Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees; and (iii) 3,986 shares of Issuer Class A Common Stock held by the Cameron Richard Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.00 to $62.11 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.02 to $60.98 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.
  5. The total reported in column 5 includes: 4,164 of restricted stock units ("RSUs"), 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 the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.
  6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.02 to $61.29 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.