Sprout Social, Inc. — Director's Dealing 2021

Jan 25, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sprout Social, Inc. (SPT)
CIK: 0001517375
Period of Report: 2021-01-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-20	Class A Common Stock	C	37000.00	$0.00	Acquired	37000.00	Indirect
2021-01-20	Class A Common Stock	S	4923.00	$64.117	Disposed	32077.00	Indirect
2021-01-20	Class A Common Stock	S	4967.00	$65.138	Disposed	27110.00	Indirect
2021-01-20	Class A Common Stock	S	100.00	$65.80	Disposed	27010.00	Indirect
2021-01-20	Class A Common Stock	S	11596.00	$64.061	Disposed	15414.00	Indirect
2021-01-20	Class A Common Stock	S	13489.00	$65.022	Disposed	1925.00	Indirect
2021-01-20	Class A Common Stock	S	1925.00	$65.431	Disposed	0.00	Indirect
2021-01-21	Class A Common Stock	C	17000.00	$0.00	Acquired	17000.00	Indirect
2021-01-21	Class A Common Stock	S	3274.00	$63.216	Disposed	13726.00	Indirect
2021-01-21	Class A Common Stock	S	1116.00	$64.193	Disposed	12610.00	Indirect
2021-01-21	Class A Common Stock	S	200.00	$64.92	Disposed	12410.00	Indirect
2021-01-21	Class A Common Stock	S	8313.00	$63.209	Disposed	4097.00	Indirect
2021-01-21	Class A Common Stock	S	3297.00	$64.086	Disposed	800.00	Indirect
2021-01-21	Class A Common Stock	S	800.00	$64.908	Disposed	0.00	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-20	Class B Common Stock	$	C	37000.00	Disposed		Class A Common Stock (37000.00)	Indirect
2021-01-21	Class B Common Stock	$	C	17000.00	Disposed		Class A Common Stock (17000.00)	Indirect

Footnotes

F1: Following the transactions reported herein, this represents (i) 997,558 shares of Class B common stock held by the Aaron Edward Frederick Rankin Revocable Trust, of which Mr. Rankin serves as the sole trustee; (ii) 1,250,962 shares of Class B common stock held by the Rankin Family 2013 Trust, of which Yeming Shi Rankin, Mr. Rankin's spouse, serves as the sole trustee; and (iii) 1,399,181 shares of Class B common stock held by the Rankin Family 2013 Non-Exempt Trust, of which Yeming Shi Rankin serves as the sole trustee. Yeming Shi Rankin may be deemed to have sole voting and dispositive power with respect to the Class B common stock held by, each of the Rankin Family 2013 Trust and the Rankin Family 2013 Non-Exempt Trust.

F10: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.58 to $64.48 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.

F11: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.65 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.

F12: Shares of Class B Common Stock have no economic rights and each share entitles its holder to 10 votes per share. Each share of Class B Common Stock is exchangeable by the holder on a one-for-one basis for Class A Common Stock at any time and does not expire.

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.52 to $64.51 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.

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.54 to $65.49 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 $63.37 to $64.36 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 $64.37 to $65.36 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.37 to $65.55 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.

F7: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.75 to $63.69 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.

F8: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.80 to $64.48 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.

F9: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.58 to $63.56 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.