Karen Walker - Oct 5, 2021 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Role
Director
Signature
/s/ Heidi Jonas, Attorney-in-fact for Karen Walker
Stock symbol
SPT
Transactions as of
Oct 5, 2021
Transactions value $
$0
Form type
4
Date filed
10/7/2021, 05:41 PM
Previous filing
May 27, 2021
Next filing
Nov 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPT Class A Common Stock Gift $0 -7.97K -8.07% $0.00 90.8K Oct 5, 2021 Direct F1, F2
transaction SPT Class A Common Stock Gift $0 -7.97K -8.78% $0.00 82.9K Oct 5, 2021 Direct F2, F3
transaction SPT Class A Common Stock Gift $0 -7.97K -9.62% $0.00 74.9K Oct 5, 2021 Direct F2, F4
transaction SPT Class A Common Stock Gift $0 +23.9K $0.00 23.9K Oct 5, 2021 See footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 5, 2021, the reporting person made a bona fide gift of 7,974 shares of Issuer Common Stock to the Michael Alexander Walker 2021 Trust. This transaction is being reported on a voluntary basis pursuant to General Instruction 4(a) of SEC Form 4.
F2 The total reported in column 5 includes: (1) 2,394 reported 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) 25,000 reported RSUs which vest in 10 equal monthly installments beginning on October 16, 2021. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.
F3 On October 5, 2021, the reporting person made a bona fide gift of 7,973 shares of Issuer Common Stock to the Alexandra Brooke Walker 2021 Trust. This transaction is being reported on a voluntary basis pursuant to General Instruction 4(a) of SEC Form 4.
F4 On October 5, 2021, the reporting person made a bona fide gift of 7,973 shares of Issuer Common Stock to Cameron Richard Walker 2021 Trust. This transaction is being reported on a voluntary basis pursuant to General Instruction 4(a) of SEC Form 4.
F5 Following the transactions reported herein, this represents (i) 7,974 shares of Issuer Class A Common Stock held by the Michael Alexander Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees; (ii) 7,973 shares of Issuer Class A Common Stock held by the Alexander Brooke Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees; and (iii) 7,973 shares of Issuer Class A Common Stock held by the Cameron Richard Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees.