Peter J. Barris - 18 May 2021 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Role
Director
Signature
/s/ Sasha Keough, attorney-in-fact
Issuer symbol
SPT
Transactions as of
18 May 2021
Net transactions value
$0
Form type
4
Filing time
20 May 2021, 16:40:34 UTC
Next filing
28 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPT Class A Common Stock Other $0 +13,701 +38% $0.000000 49,623 18 May 2021 See Note 2 F1, F2
transaction SPT Class A Common Stock Other $0 +13,701 +38% $0.000000 49,623 18 May 2021 See Note 4 F3, F4
holding SPT Class A Common Stock 6,420 18 May 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 PJ Barris, LLC received 13,701 shares of Class A Common Stock of the Issuer in a distribution by NEA Partners 13, L.P. ("NEA Partners 13") on May 18, 2021.
F2 The Reporting Person is a member of PJ Barris, LLC, which is the direct beneficial owner of the shares. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchage Act of 1934, as amended, or otherwise of the shares held by PJ Barris, LLC, except to the extent of his pecuniary interest therein.
F3 PDB II LLC received 13,701 shares of Class A Common Stock of the Issuer in a distribution by NEA Partners 13 on May 18, 2021.
F4 The Reporting Person is the investment advisor of PDB II LLC, which is the direct beneficial owner of the shares. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of the shares held by PDB II LLC, except to the extent of his pecuniary interest therein.