Peter J. Barris - May 22, 2023 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Role
Director
Signature
/s/ Heidi Jonas, Attorney-in-fact for Peter J. Barris
Stock symbol
SPT
Transactions as of
May 22, 2023
Transactions value $
$0
Form type
4
Date filed
5/24/2023, 04:07 PM
Previous filing
Dec 15, 2022
Next filing
Jul 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPT Class A Common Stock Award $0 +3.9K +30.01% $0.00 16.9K May 22, 2023 Direct F1
holding SPT Class A Common Stock 49.6K May 22, 2023 See footnote F2
holding SPT Class A Common Stock 49.6K May 22, 2023 See footnote. F3
* 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: 3,895 newly granted 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. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.
F2 The Reporting Person is a member of PJ Barris, LLC, which is the direct beneficial owner of the shares. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of the shares held by PJ Barris, LLC, except to the extent of his pecuniary interest therein.
F3 The Reporting Person is the investment advisor of PDB II LLC, which is the direct beneficial owner of the shares. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of the shares held by PDB II LLC, except to the extent of his pecuniary interest therein.