Justyn R. Howard - 01 Dec 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
Issuer symbol: SPT
Transactions as of: 01 Dec 2023
Net transactions value: -$536,884
Form type: 4
Filing time: 05 Dec 2023, 16:01:46 UTC
Previous filing: 13 Nov 2023
Next filing: 08 Dec 2023
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	Tax liability	$536,884	-8,981	-2.8%	$59.78	310,995	01 Dec 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) 8,264 reported Restricted Stock Units ("RSUs") which vest in 1 quarterly installment beginning on March 1, 2024; (2) 18,459 reported RSUs which vest in 5 equal quarterly installments beginning on March 1, 2024; (3) 55,385 reported RSUs which vest in 9 equal quarterly installments beginning on March 1, 2024; 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) 8,264 reported Restricted Stock Units ("RSUs") which vest in 1 quarterly installment beginning on March 1, 2024; (2) 18,459 reported RSUs which vest in 5 equal quarterly installments beginning on March 1, 2024; (3) 55,385 reported RSUs which vest in 9 equal quarterly installments beginning on March 1, 2024; 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.