Justyn R. Howard - 01 Mar 2024 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 Mar 2024
Net transactions value: -$1,476,158
Form type: 4
Filing time: 04 Mar 2024, 16:10:17 UTC
Previous filing: 07 Feb 2024
Next filing: 08 Mar 2024
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	$1,476,158	-23,083	-7.4%	$63.95	287,912	01 Mar 2024	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) 14,767 reported RSUs which vest in 4 equal quarterly installments beginning on June 1, 2024; (2) 49,231 reported RSUs which vest in 8 equal quarterly installments beginning on June 1, 2024; and (3) 85,325 reported RSUs of which vest in 11 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) 14,767 reported RSUs which vest in 4 equal quarterly installments beginning on June 1, 2024; (2) 49,231 reported RSUs which vest in 8 equal quarterly installments beginning on June 1, 2024; and (3) 85,325 reported RSUs of which vest in 11 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.