Filing Details

Accession Number:
0001517375-23-000104
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-09-06 17:02:24
Reporting Period:
2023-09-05
Accepted Time:
2023-09-06 17:02:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1517375 Sprout Social Inc. SPT () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1372274 Joseph Preto Del 131 South Dearborn St.
Suite 700
Chicago IL 60603
Cfo And Treasurer No Yes 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 2023-09-05 2,776 $52.62 135,109 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. Shares sold pursuant to an irrevocable election made on November 21, 2022, in conformity with the requirements of Rule 10b5-1 for the purpose of covering tax obligations upon settlement of restricted stock units ("RSUs").
  2. After giving effect to the transaction reported herein, the total reported in column 5 includes: (1) 4,132 reported RSUs, which vest in 2 equal quarterly installments beginning on December 1, 2023; (2) 2,084 reported RSUs which vest in 2 equal monthly installments beginning on September 29, 2023; (3) 5,538 reported RSUs which vest in 6 equal quarterly installments beginning on December 1, 2023; (4) 21,912 reported RSUs which vest in 10 equal quarterly installments beginning on December 1, 2023; and (5) 40,631 reported RSUs of which 25% will vest on March 1, 2024 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2024. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.