Justyn R. Howard - 02 Mar 2023 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Role: Chairman and CEO, Director, 10%+ Owner
Signature: /s/ Heidi Jonas, Attorney-in-fact for Justyn R. Howard
Issuer symbol: SPT
Transactions as of: 02 Mar 2023
Net transactions value: -$1,098,787
Form type: 4
Filing time: 03 Mar 2023, 15:08:49 UTC
Previous filing: 09 Feb 2023
Next filing: 09 Mar 2023
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	Tax liability	$1,098,787	-17,301	-7.2%	$63.51	221,455	02 Mar 2023	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) 33,056 reported Restricted Stock Units ("RSUs") of which vest in 4 equal quarterly installments beginning on June 1, 2023; (2) 29,535 reported RSUs which vest in 8 equal quarterly installments beginning on June 1, 2023; and (3) 73,847 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.

Content

The total reported in column 5 includes: (1) 33,056 reported Restricted Stock Units ("RSUs") of which vest in 4 equal quarterly installments beginning on June 1, 2023; (2) 29,535 reported RSUs which vest in 8 equal quarterly installments beginning on June 1, 2023; and (3) 73,847 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.