Justyn R. Howard - 02 Dec 2024 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Role: Executive Chair, Director, 10%+ Owner
Signature: /s/ Heidi Jonas, Attorney-in-fact for Justyn R. Howard
Issuer symbol: SPT
Transactions as of: 02 Dec 2024
Net transactions value: -$309,091
Form type: 4
Filing time: 04 Dec 2024, 16:03:59 UTC
Previous filing: 08 Oct 2024
Next filing: 13 Dec 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	$309,091	-9,828	-3.3%	$31.45	292,389	02 Dec 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, this represents: (1) 3,692 reported restricted stock units ("RSUs") which vest in 1 quarterly installment on March 1, 2025; (2) 30,770 reported RSUs which vest in 5 equal quarterly installments beginning on March 1, 2025; (3) 63,994 reported RSUs of which vest in 9 equal quarterly installments beginning on March 1, 2025; 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.

Content

After giving effect to the transaction reported herein, this represents: (1) 3,692 reported restricted stock units ("RSUs") which vest in 1 quarterly installment on March 1, 2025; (2) 30,770 reported RSUs which vest in 5 equal quarterly installments beginning on March 1, 2025; (3) 63,994 reported RSUs of which vest in 9 equal quarterly installments beginning on March 1, 2025; 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.