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Sprout Social, Inc. — Director's Dealing 2021
Jul 15, 2021
32315_dirs_2021-07-15_6174e9ef-c3fd-40ea-961f-9e24e5767375.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: 2021-07-14
Reporting Person: Del Preto Joseph (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-07-14 | Class A Common Stock | S | 900.00 | $84.056 | Disposed | 126475.00 | Direct |
| 2021-07-14 | Class A Common Stock | S | 100.00 | $85.94 | Disposed | 126375.00 | Direct |
| 2021-07-14 | Class A Common Stock | S | 500.00 | $87.866 | Disposed | 125875.00 | Direct |
| 2021-07-14 | Class A Common Stock | S | 1500.00 | $88.93 | Disposed | 124375.00 | 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 $83.69 to $84.48 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) 22,726 reported Restricted Stock Units ("RSUs"), which vest in 11 equal quarterly installments beginning on September 1, 2021, and do not expire; (2) 5,000 reported RSUs which vest on July 24, 2021 and expire July 24, 2024; (3) 29,167 reported RSUs which vest in 28 equal monthly installments beginning on July 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.
F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.47 to $88.30 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.