Joseph Del - Nov 7, 2022 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Role
CFO and Treasurer
Signature
/s/ Heidi Jonas, Attorney-in-fact for Joseph Del Preto
Stock symbol
SPT
Transactions as of
Nov 7, 2022
Transactions value $
-$73,095
Form type
4
Date filed
11/8/2022, 03:14 PM
Previous filing
Nov 3, 2022
Next filing
Dec 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPT Class A Common Stock Sale -$73.1K -1.5K -1.21% $48.73 123K Nov 7, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The total reported in column 5 includes: (1) 12,396 reported Restricted Stock Units ("RSUs"), which vest in 6 equal quarterly installments beginning on December 1, 2022; (2) 12,500 reported RSUs which vest in 12 equal monthly installments beginning on November 29, 2022; (3) 9,229 which vest in 10 equal quarterly installments beginning on December 1, 2022; and (4) 35,059 reported RSUs of which 25% vest on March 1, 2023 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2023 and do not expire. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.

Remarks:

The transaction in this Form 4 occurred under a 10b5-1 plan.