Joseph Del - Dec 3, 2024 Form 4/A - Amendment Insider Report for Sprout Social, Inc. (SPT)

Role
CFO and Treasurer
Signature
/s/ Heidi Jonas, Attorney-in-fact for Joseph Del Preto
Stock symbol
SPT
Transactions as of
Dec 3, 2024
Transactions value $
-$79,914
Form type
4/A - Amendment
Date filed
12/6/2024, 04:17 PM
Date Of Original Report
Dec 4, 2024
Previous filing
Nov 6, 2024
Next filing
Dec 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPT Class A Common Stock Sale -$79.9K -2.54K -1.62% $31.45 155K Dec 3, 2024 Direct F1, F2, F3
* 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 This amended Form 4 is being filed to correct the Price reported on the Form 4 filed by the Reporting Person on December 4, 2024.
F3 After giving effect to the transaction reported herein, the total reported in column 5 includes: (1) 923 reported RSUs which vest in 1 quarterly installment on March 1, 2025; (2) 10,956 reported RSUs which vest in 5 equal quarterly installments beginning on March 1, 2025; (3) 22,856 reported RSUs which vest in 9 equal quarterly installments beginning on March 1, 2025; and (4) 55,122 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.