Justyn R. Howard - Sep 3, 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
Stock symbol: SPT
Transactions as of: Sep 3, 2024
Transactions value $: -$251,576
Form type: 4
Date filed: 9/5/2024, 06:14 PM
Previous filing: Aug 8, 2024
Next filing: Sep 9, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPT	Class A Common Stock	Sale	-$252K	-8.6K	-2.77%	$29.27	302K	Sep 3, 2024	Direct	F1
holding	SPT	Class A Common Stock						7.42K	Sep 3, 2024	See footnote	F2

* 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, this represents: (1) 7,384 reported restricted stock units ("RSUs") which vest in 2 equal quarterly installments beginning on December 1, 2024; (2) 36,924 reported RSUs which vest in 6 equal quarterly installments beginning on December 1, 2024; (3) 71,105 reported RSUs of which vest in 10 equal quarterly installments beginning on December 1, 2024; and (4) 118,724 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.
F2	This amount represents 7,417 shares of Class A common stock held by the JRH Revocable Trust, of which the Reporting Person serves as the sole trustee.

Content

After giving effect to the transaction reported herein, this represents: (1) 7,384 reported restricted stock units ("RSUs") which vest in 2 equal quarterly installments beginning on December 1, 2024; (2) 36,924 reported RSUs which vest in 6 equal quarterly installments beginning on December 1, 2024; (3) 71,105 reported RSUs of which vest in 10 equal quarterly installments beginning on December 1, 2024; and (4) 118,724 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.

This amount represents 7,417 shares of Class A common stock held by the JRH Revocable Trust, of which the Reporting Person serves as the sole trustee.