Steven A. Collins - 08 Nov 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: 08 Nov 2021
Net transactions value: -$650,000
Form type: 4
Filing time: 09 Nov 2021, 17:25:27 UTC
Previous filing: 05 Aug 2021
Next filing: 11 Jan 2022
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	Sale	$324,500	-2,500	-3%	$129.80	81,314	08 Nov 2021	Direct	F1
transaction	SPT	Class A Common Stock	Sale	$325,500	-2,500	-3.1%	$130.20	78,814	08 Nov 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 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) 22,500 reported RSUs which vest in 9 equal monthly installments beginning on November 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 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) 22,500 reported RSUs which vest in 9 equal monthly installments beginning on November 16, 2021. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.