Karen Walker - Aug 9, 2023 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Role: Director
Signature: /s/ Heidi Jonas, Attorney-in-fact for Karen Walker
Stock symbol: SPT
Transactions as of: Aug 9, 2023
Transactions value $: -$131,864
Form type: 4
Date filed: 8/10/2023, 04:01 PM
Previous filing: May 24, 2023
Next filing: Sep 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPT	Class A Common Stock	Sale	-$43.9K	-986	-16.55%	$44.55	4.97K	Aug 9, 2023	see footnote	F1
transaction	SPT	Class A Common Stock	Sale	-$44K	-986	-19.83%	$44.58	3.99K	Aug 9, 2023	see footnote	F1
transaction	SPT	Class A Common Stock	Sale	-$44K	-987	-24.76%	$44.57	3K	Aug 9, 2023	see footnote	F1
holding	SPT	Class A Common Stock						46.1K	Aug 9, 2023	Direct	F2

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

Explanation of Responses:

Id	Content
F1	This amount represents: (i) 1,000 shares of Issuer Class A Common Stock held by the Michael Alexander Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees; (ii) 1,000 shares of Issuer Class A Common Stock held by the Alexander Brooke Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees; and (iii) 1,000 shares of Issuer Class A Common Stock held by the Cameron Richard Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees.
F2	The total reported in column 5 includes: 3,895 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.

Content

This amount represents: (i) 1,000 shares of Issuer Class A Common Stock held by the Michael Alexander Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees; (ii) 1,000 shares of Issuer Class A Common Stock held by the Alexander Brooke Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees; and (iii) 1,000 shares of Issuer Class A Common Stock held by the Cameron Richard Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees.

The total reported in column 5 includes: 3,895 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.