Justyn R. Howard - Feb 18, 2022 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Role: Chairman and CEO, Director, 10%+ Owner
Signature: /s/ Heidi Jonas, Attorney-in-fact for Justyn R. Howard
Stock symbol: SPT
Transactions as of: Feb 18, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/22/2022, 03:41 PM
Previous filing: Feb 9, 2022
Next filing: Mar 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPT	Class A Common Stock	Award	$0	+98.5K	+57.47%	$0.00	270K	Feb 18, 2022	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) 82,639 reported Restricted Stock Units ("RSUs") of which (i) 8,264 RSUs will vest on March 1, 2022, (ii) 8,264 will vest no later than March 15, 2022, and (iii) the remainder will vest in 8 equal quarterly installments beginning on June 1, 2022; and (2) 59,070 reported RSUs of which 25% will vest on March 1, 2022, with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2022; and (3) 98,463 newly granted RSUs of which 25% will vest on March 1, 2023 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2023. 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) 82,639 reported Restricted Stock Units ("RSUs") of which (i) 8,264 RSUs will vest on March 1, 2022, (ii) 8,264 will vest no later than March 15, 2022, and (iii) the remainder will vest in 8 equal quarterly installments beginning on June 1, 2022; and (2) 59,070 reported RSUs of which 25% will vest on March 1, 2022, with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2022; and (3) 98,463 newly granted RSUs of which 25% will vest on March 1, 2023 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2023. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.