William Thomas Stanley - May 25, 2022 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Role: Director
Signature: /s/ Heidi Jonas, Attorney-in-fact for William Thomas Stanley
Stock symbol: SPT
Transactions as of: May 25, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/26/2022, 05:35 PM
Previous filing: Jun 17, 2021
Next filing: Aug 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPT	Class A Common Stock	Award	$0	+3.93K	+139.33%	$0.00	6.74K	May 25, 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) 3,925 newly granted 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) 2,817 reported RSUs, of which one-third of the total number of RSUs will vest on June 16, 2022, and one-eighth of the remaining RSUs will vest on each quarterly anniversary of the grant date thereafter. 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) 3,925 newly granted 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) 2,817 reported RSUs, of which one-third of the total number of RSUs will vest on June 16, 2022, and one-eighth of the remaining RSUs will vest on each quarterly anniversary of the grant date thereafter. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.