William Thomas Stanley - 22 May 2023 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Role: Director
Signature: /s/ Heidi Jonas, Attorney-in-fact for William Thomas Stanley
Issuer symbol: SPT
Transactions as of: 22 May 2023
Net transactions value: $0
Form type: 4
Filing time: 24 May 2023, 16:06:18 UTC
Previous filing: 16 Aug 2022
Next filing: 23 May 2024
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	+3,895	+67%	$0.000000	9,737	22 May 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) 3,895 reported restricted stock units ("RSUs"), which will vest on the earlier of (i) the day immediately preceding the date of the first annual meeting of the Issuer's stockholders following the date of the grant and (ii) the first anniversary of the date of grant; and (2) 1,174 reported RSUs which vest in 5 equal quarterly installments beginning on June 16, 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) 3,895 reported restricted stock units ("RSUs"), which will vest on the earlier of (i) the day immediately preceding the date of the first annual meeting of the Issuer's stockholders following the date of the grant and (ii) the first anniversary of the date of grant; and (2) 1,174 reported RSUs which vest in 5 equal quarterly installments beginning on June 16, 2023. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.