Aaron E. F. Rankin - Mar 29, 2023 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Role: Chief Technology Officer, Director, 10%+ Owner
Signature: /s/ Heidi Jonas, Attorney-in-fact for Aaron E.F. Rankin
Stock symbol: SPT
Transactions as of: Mar 29, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/31/2023, 04:03 PM
Previous filing: Mar 15, 2023
Next filing: Jun 6, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPT	Class A Common Stock	Award	$0	+16.3K	+56.91%	$0.00	44.8K	Mar 29, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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; (3) 12,308 reported RSUs which vest in 12 equal quarterly installments beginning on June 1, 2023; and (4) 16,253 newly granted RSUs of which 25% will vest on March 1, 2024 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2024. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.

Content

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; (3) 12,308 reported RSUs which vest in 12 equal quarterly installments beginning on June 1, 2023; and (4) 16,253 newly granted RSUs of which 25% will vest on March 1, 2024 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2024. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.