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Sprout Social, Inc. — Director's Dealing 2021
Sep 3, 2021
32315_dirs_2021-09-03_22c4e6c6-7d93-401a-8097-59919f92dbb3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Sprout Social, Inc. (SPT)
CIK: 0001517375
Period of Report: 2021-09-02
Reporting Person: Del Preto Joseph (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-02 | Class A Common Stock | S | 1291.00 | $123.26 | Disposed | 117528.00 | Direct |
Footnotes
F1: Shares sold pursuant to an irrevocable election made in conformity with the requirements of Rule 10b5-1 for the purpose of covering tax obligations upon settlement of restricted stock units.
F2: The total reported in column 5 includes: (1) 20,660 reported Restricted Stock Units ("RSUs"), which vest in 10 equal quarterly installments beginning on December 1, 2021, and do not expire; (2) 27,084 reported RSUs which vest in 26 equal monthly installments beginning on September 29, 2021 and do not expire; and (4) 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 and do not expire. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer.