Sprout Social, Inc. — Director's Dealing 2021

Jun 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sprout Social, Inc. (SPT)
CIK: 0001517375
Period of Report: 2021-06-02

Reporting Person: Del Preto Joseph (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-02	Class A Common Stock	S	3430.00	$69.16	Disposed	133925.00	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. 2016 Stock Plan and the Sprout Social, Inc. 2019 Incentive Award Plan.

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) 10,000 reported RSUs which vest in 2 equal monthly installments beginning on June 24, 2021 and expire July 24, 2024; (3) 30,209 reported RSUs which vest in 29 equal monthly installments beginning on June 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.