Justyn R. Howard - Jun 2, 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
Stock symbol
SPT
Transactions as of
Jun 2, 2023
Transactions value $
-$270,229
Form type
4
Date filed
6/5/2023, 06:46 PM
Previous filing
May 10, 2023
Next filing
Jun 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPT Class A Common Stock Tax liability -$270K -6.26K -1.87% $43.14 329K Jun 2, 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) 24,792 reported Restricted Stock Units ("RSUs") which vest in 3 equal quarterly installments beginning on September 1, 2023; (2) 25,843 reported RSUs which vest in 7 equal quarterly installments beginning on September 1, 2023; (3) 67,693 reported RSUs which vest in 11 equal quarterly installments beginning on September 1, 2023; and (4) 113,766 reported 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.