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

Role
Director
Signature
/s/ Heidi Jonas, Attorney-in-fact for William Thomas Stanley
Stock symbol
SPT
Transactions as of
Jun 16, 2021
Transactions value $
$0
Form type
3
Date filed
6/17/2021, 04:30 PM
Next filing
May 26, 2022

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 Jun 16, 2021 Class A Common Stock 2.82K 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