Sprout Social, Inc. — Director's Dealing 2021

Dec 20, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sprout Social, Inc. (SPT)
CIK: 0001517375
Period of Report: 2021-12-16

Reporting Person: Del Preto Joseph (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-16	Class A Common Stock	S	600.00	$92.201	Disposed	108676.00	Direct
2021-12-16	Class A Common Stock	S	600.00	$93.005	Disposed	108076.00	Direct
2021-12-16	Class A Common Stock	S	400.00	$94.063	Disposed	107676.00	Direct
2021-12-16	Class A Common Stock	S	200.00	$95.165	Disposed	107476.00	Direct

Footnotes

F1: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.62 to $92.51 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: (1) 18,594 reported Restricted Stock Units ("RSUs"), which vest in 9 equal quarterly installments beginning on March 1, 2022; (2) 23,959 reported RSUs which vest in 23 equal monthly installments beginning on December 29, 2021; and (3) 14,767 reported RSUs of which 25% vest on March 1, 2022 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2022. 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 $92.64 to $93.25 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: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.79 to $94.77 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.

F5: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.04 to $95.30 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.