Justyn R. Howard - 02 Jun 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
Issuer symbol: SPT
Transactions as of: 02 Jun 2022
Net transactions value: -$273,749
Form type: 4
Filing time: 03 Jun 2022, 17:15:42 UTC
Previous filing: 10 May 2022
Next filing: 08 Jul 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	Tax liability	$273,749	-5,297	-2.1%	$51.68	250,642	02 Jun 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) 57,848 reported Restricted Stock Units ("RSUs") of which vest in 7 equal quarterly installments beginning on September 1, 2022; (2) 40,611 reported RSUs which vest 11 equal quarterly installments beginning on September 1, 2022; and (3) 98,463 reported 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) 57,848 reported Restricted Stock Units ("RSUs") of which vest in 7 equal quarterly installments beginning on September 1, 2022; (2) 40,611 reported RSUs which vest 11 equal quarterly installments beginning on September 1, 2022; and (3) 98,463 reported 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.