Steven A. Collins - 26 May 2021 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Role: Director
Signature: /s/ Heidi Jonas, Attorney-in-fact for Steven A. Collins
Issuer symbol: SPT
Transactions as of: 26 May 2021
Transactions value $: $0
Form type: 4
Filing time: 27 May 2021, 17:25:09 UTC
Next filing: 10 Jun 2021
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	Award	$0	+2.39K	+2.77%	$0.00	88.8K	26 May 2021	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The total reported in column 5 includes: (1) 2,394 newly granted restricted stock units ("RSUs"), which will vest on the earlier of (i) the day immediately preceding the date of the first annual meeting of the Issuer's stockholders following the date of the grant and (ii) the first anniversary of the date of grant; and (2) 35,000 reported RSUs which vest in 14 equal monthly installments beginning on June 16, 2021. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.

Content

The total reported in column 5 includes: (1) 2,394 newly granted restricted stock units ("RSUs"), which will vest on the earlier of (i) the day immediately preceding the date of the first annual meeting of the Issuer's stockholders following the date of the grant and (ii) the first anniversary of the date of grant; and (2) 35,000 reported RSUs which vest in 14 equal monthly installments beginning on June 16, 2021. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.