Joseph Del - Dec 2, 2022 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Signature
/s/ Heidi Jonas, Attorney-in-fact for Joseph Del Preto
Stock symbol
SPT
Transactions as of
Dec 2, 2022
Transactions value $
-$195,982
Form type
4
Date filed
12/6/2022, 03:08 PM
Previous filing
Nov 8, 2022
Next filing
Jan 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPT Class A Common Stock Sale -$107K -1.81K -1.48% $58.81 121K Dec 2, 2022 Direct F1, F2
transaction SPT Class A Common Stock Sale -$89.4K -1.5K -1.24% $59.61 120K Dec 6, 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold pursuant to an irrevocable election made in conformity with the requirements of Rule 10b5-1 for the purpose of covering tax obligations upon settlement of restricted stock units.
F2 The total reported in column 5 includes: (1) 10,330 reported Restricted Stock Units ("RSUs"), which vest in 5 equal quarterly installments beginning on March 1, 2023; (2) 11,459 reported RSUs which vest in 11 equal monthly installments beginning on December 29, 2022; (3) 8,306 which vest in 9 equal quarterly installments beginning on March 1, 2023; 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.
F3 This transaction occurred under a 10b5-1 plan.