Aaron E. F. Rankin - Jun 4, 2024 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Role: Director, 10%+ Owner
Signature: /s/ Heidi Jonas, Attorney-in-fact for Aaron E.F. Rankin
Stock symbol: SPT
Transactions as of: Jun 4, 2024
Transactions value $: -$38,049
Form type: 4
Date filed: 6/6/2024, 04:15 PM
Previous filing: Apr 8, 2024
Next filing: Sep 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPT	Class A Common Stock	Sale	-$38K	-1.18K	-2.66%	$32.14	43.3K	Jun 4, 2024	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Shares sold pursuant to an irrevocable election made on November 21, 2022, in conformity with the requirements of Rule 10b5-1 for the purpose of covering tax obligations upon settlement of restricted stock units ("RSUs").
F2	The total reported in column 5 includes: (1) 1,846 reported RSUs which vest in 3 equal quarterly installments beginning on September 1, 2024; (2) 7,180 reported RSUs which vest in 7 equal quarterly installments beginning on September 1, 2024; (3) 11,175 reported RSUs which vest in 11 equal quarterly installments beginning on September 1, 2024; and (4) 6,784 reported RSUs of which 25% will vest on March 1, 2025 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2025 . Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.

Content

Shares sold pursuant to an irrevocable election made on November 21, 2022, in conformity with the requirements of Rule 10b5-1 for the purpose of covering tax obligations upon settlement of restricted stock units ("RSUs").

The total reported in column 5 includes: (1) 1,846 reported RSUs which vest in 3 equal quarterly installments beginning on September 1, 2024; (2) 7,180 reported RSUs which vest in 7 equal quarterly installments beginning on September 1, 2024; (3) 11,175 reported RSUs which vest in 11 equal quarterly installments beginning on September 1, 2024; and (4) 6,784 reported RSUs of which 25% will vest on March 1, 2025 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2025 . Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.