William Thomas Stanley - 16 Jun 2021 Form 3 Insider Report for Sprout Social, Inc. (SPT)

Role: Director
Signature: /s/ Heidi Jonas, Attorney-in-fact for William Thomas Stanley
Issuer symbol: SPT
Transactions as of: 16 Jun 2021
Net transactions value: $0
Form type: 3
Filing time: 17 Jun 2021, 16:30:14 UTC
Next filing: 26 May 2022
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	SPT	Restricted Stock Unit							16 Jun 2021	Class A Common Stock	2,817		Direct	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit represents the contingent right to receive one share of Class A Common Stock of the Issuer.
F2	Of these 2,817 Restricted Stock Units granted on June 16, 2021, one-third of the total number of Restricted Stock Units will vest on June 16, 2022 and one-eighth of the remaining Restricted Stock Units will vest on each quarterly anniversary of the grant date thereafter such that the Restricted Stock Units will be fully vested on June 16, 2024.
F3	The Restricted Stock Units do not expire.

Remarks:

Exhibit 24 - Power of Attorney