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Sprout Social, Inc. Director's Dealing 2021

Mar 3, 2021

32315_dirs_2021-03-02_5e125ffc-9475-4a91-857e-1b7d0588bf5f.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: 2021-03-01

Reporting Person: Collins Steven A (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-03-01 Class A Common Stock S 5000.00 $70.927 Disposed 91420.00 Direct
2021-03-01 Class A Common Stock S 5000.00 $72.823 Disposed 86420.00 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 $ 70.82 to $ 71.39 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) 42,500 reported RSUs, which will vest in 17 equal monthly installments beginning on March 16, 2021, and expire on July 16, 2026; and (2) 6,420 reported RSUs, which do not expire and will vest on the earlier of (i) the day immediately preceding the date of the next annual meeting of the Issuer's stockholders and (ii) the first anniversary of the date of grant. Each RSU represents a 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 $ 72.77 to $ 72.98 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.