Joseph del Preto - 29 Mar 2023 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Role: CFO and Treasurer
Signature: /s/ Heidi Jonas, Attorney-in-fact for Joseph Del Preto
Issuer symbol: SPT
Transactions as of: 29 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 31 Mar 2023, 16:06:09 UTC
Previous filing: 07 Mar 2023
Next filing: 06 Apr 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	Award	$0	+40,631	+37%	$0.000000	149,522	29 Mar 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) 8,264 reported Restricted Stock Units ("RSUs"), which vest in 4 equal quarterly installments beginning on June 1, 2023; (2) 7,292 reported RSUs which vest in 7 equal monthly installments beginning on April 29, 2023; (3) 7,383 reported RSUs which vest in 8 equal quarterly installments beginning on June 1, 2023; (4) 26,294 reported RSUs which vest in 12 equal quarterly installments beginning on June 1, 2023; and (5) 40,631 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) 8,264 reported Restricted Stock Units ("RSUs"), which vest in 4 equal quarterly installments beginning on June 1, 2023; (2) 7,292 reported RSUs which vest in 7 equal monthly installments beginning on April 29, 2023; (3) 7,383 reported RSUs which vest in 8 equal quarterly installments beginning on June 1, 2023; (4) 26,294 reported RSUs which vest in 12 equal quarterly installments beginning on June 1, 2023; and (5) 40,631 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.