Aaron E. F. Rankin - Mar 2, 2023 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Signature
/s/ Heidi Jonas, Attorney-in-fact for Aaron E.F. Rankin
Stock symbol
SPT
Transactions as of
Mar 2, 2023
Transactions value $
-$156,908
Form type
4
Date filed
3/3/2023, 03:06 PM
Previous filing
Feb 14, 2023
Next filing
Mar 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPT Class A Common Stock Sale -$157K -2.56K -8.21% $61.39 28.6K Mar 2, 2023 Direct F1, F2
* 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 This total reported in column 5 includes: (1) 5,509 reported Restricted Stock Units ("RSUs") which vest in 4 equal quarterly installments beginning on June 1, 2023; (2) 4,922 reported RSUs which vest in 8 equal quarterly installments beginning on June 1, 2023; and (3) 12,308 reported RSUs which vest in 12 equal quarterly installments beginning on June 1, 2023. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.