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Sprout Social, Inc. — Director's Dealing 2022
Sep 6, 2022
32315_dirs_2022-09-06_4d6ad178-a4ae-4517-96d9-19676069ac07.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: 2022-09-02
Reporting Person: Rankin Aaron Edward Frederick (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-09-02 | Class A Common Stock | S | 834.00 | $57.66 | Disposed | 31986.00 | 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.
F2: This total reported in column 5 includes: (1) 8,264 reported Restricted Stock Units ("RSUs") which vest in 6 equal quarterly installments beginning on December 1, 2022; (2) 6,153 reported RSUs which vest in 10 equal quarterly installments beginning on December 1, 2022; and (3) 16,411 reported RSUs of which 25% vest on March 1, 2023 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2023. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.