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Sprout Social, Inc. Director's Dealing 2021

Aug 5, 2021

32315_dirs_2021-08-05_8cfa2de3-9a15-4246-bd9f-815e859d8108.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: 2021-08-05

Reporting Person: Collins Steven A (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-08-05 Class A Common Stock S 4500.00 $103.746 Disposed 84314.00 Direct
2021-08-05 Class A Common Stock S 500.00 $104.669 Disposed 83814.00 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 $103.50 to $104.35 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) 2,394 reported 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) 30,000 reported RSUs which vest in 12 equal monthly installments beginning on August 16, 2021. 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 $104.61 to $104.73 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.