Karen Walker - 29 Aug 2022 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Role
Director
Signature
/s/ Heidi Jonas, Attorney-in-fact for Karen Walker
Issuer symbol
SPT
Transactions as of
29 Aug 2022
Net transactions value
-$526,040
Form type
4
Filing time
31 Aug 2022, 16:23:28 UTC
Previous filing
26 May 2022
Next filing
21 Nov 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 $502,452 -8,500 -13% $59.11 55,558 29 Aug 2022 Direct F1, F2
transaction SPT Class A Common Stock Sale $23,588 -400 -0.72% $58.97 55,158 30 Aug 2022 Direct F2, F3
holding SPT Class A Common Stock 23,920 29 Aug 2022 See footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.95 to $59.30 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The total reported in column 5 includes: 4,164 of 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. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.95 to $58.98 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 This amount represents: (i) 7,974 shares of Issuer Class A Common Stock held by the Michael Alexander Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees; (ii) 7,973 shares of Issuer Class A Common Stock held by the Alexander Brooke Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees; and (iii) 7,973 shares of Issuer Class A Common Stock held by the Cameron Richard Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees.