Joseph Del - Apr 19, 2022 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Role
CFO and Treasurer
Signature
/s/ Heidi Jonas, Attorney-in-fact for Joseph Del Preto
Stock symbol
SPT
Transactions as of
Apr 19, 2022
Transactions value $
-$63,441
Form type
4
Date filed
4/20/2022, 07:29 PM
Previous filing
Apr 5, 2022
Next filing
May 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPT Class A Common Stock Sale -$63.4K -900 -0.66% $70.49 135K Apr 19, 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) 16,528 reported Restricted Stock Units ("RSUs"), which vest in 8 equal quarterly installments beginning on June 1, 2022; (2) 19,792 reported RSUs which vest in 19 equal monthly installments beginning on April 29, 2022; (3) 11,075 which vest in 12 equal quarterly installments beginning on June 1, 2022; and (4) 35,059 reported RSUs of which 25% vest on March 1, 2023 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2023 and do not expire. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.

Remarks:

The transaction in this Form 4 occurred under a 10b5-1 plan.