Justyn R. Howard - Sep 1, 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: Sep 1, 2023
Transactions value $: -$474,287
Form type: 4
Date filed: 9/5/2023, 04:02 PM
Previous filing: Jun 9, 2023
Next filing: Sep 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPT	Class A Common Stock	Tax liability	-$474K	-8.98K	-2.73%	$52.81	320K	Sep 1, 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	After giving effect to the transaction reported herein, the total reported in column 5 includes: (1) 16,528 reported Restricted Stock Units ("RSUs") which vest in 2 equal quarterly installments beginning on December 1, 2023; (2) 22,151 reported RSUs which vest in 6 equal quarterly installments beginning on December 1, 2023; (3) 61,539 reported RSUs which vest in 10 equal quarterly installments beginning on December 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.

Content

After giving effect to the transaction reported herein, the total reported in column 5 includes: (1) 16,528 reported Restricted Stock Units ("RSUs") which vest in 2 equal quarterly installments beginning on December 1, 2023; (2) 22,151 reported RSUs which vest in 6 equal quarterly installments beginning on December 1, 2023; (3) 61,539 reported RSUs which vest in 10 equal quarterly installments beginning on December 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.