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Sprout Social, Inc. — Director's Dealing 2022
Aug 3, 2022
32315_dirs_2022-08-03_27817466-0920-4789-bd4f-77c860a8a723.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: 2022-08-02
Reporting Person: Del Preto Joseph (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-08-02 | Class A Common Stock | S | 441.00 | $51.70 | Disposed | 129921.00 | 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: The total reported in column 5 includes: (1) 14,462 reported Restricted Stock Units ("RSUs"), which vest in 7 equal quarterly installments beginning on September 1, 2022; (2) 15,625 reported RSUs which vest in 15 equal monthly installments beginning on August 29, 2022; (3) 10,152 which vest in 11 equal quarterly installments beginning on September 1, 2022; and (4) 35,059 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 and do not expire. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.