Joseph Del - Nov 2, 2021 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Signature
/s/ Heidi Jonas, Attorney-in-fact for Joseph Del Preto
Stock symbol
SPT
Transactions as of
Nov 2, 2021
Transactions value $
-$56,466
Form type
4
Date filed
11/2/2021, 05:08 PM
Previous filing
Oct 13, 2021
Next filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPT Class A Common Stock Sale -$56.5K -453 -0.41% $124.65 111K Nov 2, 2021 Direct F1, F2
* 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 in conformity with the requirements of Rule 10b5-1 for the purpose of covering tax obligations upon settlement of restricted stock units.
F2 The total reported in column 5 includes: (1) 20,660 reported Restricted Stock Units ("RSUs"), which vest in 10 equal quarterly installments beginning on December 1, 2021; (2) 25,000 reported RSUs which vest in 24 equal monthly installments beginning on November 29, 2021; and (3) 14,767 reported RSUs of which 25% vest on March 1, 2022 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2022. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.