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Sprout Social, Inc. — Director's Dealing 2021
Feb 3, 2021
32315_dirs_2021-02-02_85b37eae-5093-4512-a6c2-9e97e3a7c5cf.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: 2021-02-01
Reporting Person: Barretto Ryan Paul (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-01 | Class A Common Stock | S | 11579.00 | $63.716 | Disposed | 532266.00 | Direct |
| 2021-02-01 | Class A Common Stock | S | 7889.00 | $64.637 | Disposed | 524377.00 | Direct |
| 2021-02-01 | Class A Common Stock | S | 536.00 | $65.485 | Disposed | 523841.00 | Direct |
| 2021-02-01 | Class A Common Stock | S | 596.00 | $66.455 | Disposed | 523245.00 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 60000.00 | Indirect |
Footnotes
F1: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.21 to $64.20 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 (i) 90,000 Restricted Stock Units ("RSUs") of which 22,500 will vest June 1, 2021, with the remaining portion vesting in 12 equal quarterly installments beginning on September 1, 2021, and (ii) 120,000 RSUs, of which 30,000 will vest on December 1, 2021, with the remaining portion vesting in 12 equal quarterly installments beginning on March 1, 2022. The RSUs have no expiration date. 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 $64.21 to $65.14 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.
F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.26 to $66.23 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.
F5: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.29 to $66.83 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.
F6: The total reported in Column 5 includes 60,000 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto 2020 Gift Trust, of which Mr. Barretto's spouse is the sole trustee.