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Sprout Social, Inc. Director's Dealing 2021

Jun 3, 2021

32315_dirs_2021-06-03_5532f671-ece3-4ae2-b7ed-912a1a153d36.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: 2021-06-02

Reporting Person: Rankin Aaron Edward Frederick (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-06-02 Class A Common Stock S 583.00 $69.16 Disposed 28815.00 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 issued under the Sprout Social, Inc. 2019 Incentive Award Plan.

F2: This total reported in column 5 includes: (1) 15,150 reported Restricted Stock Units ("RSUs") which vest in 11 equal quarterly installments beginning on September 1, 2021; and (2) 9,845 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.