Filing Details

Accession Number:
0001562180-21-002320
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-17 21:39:41
Reporting Period:
2021-03-16
Accepted Time:
2021-03-17 21:39:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1517375 Sprout Social Inc. SPT () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1372274 Joseph Preto Del 131 South Dearborn St.
Suite 700
Chicago IL 60603
Cfo And Treasurer No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2021-03-16 900 $62.32 153,719 No 4 S Direct
Class A Common Stock Disposition 2021-03-16 1,968 $63.18 151,751 No 4 S Direct
Class A Common Stock Disposition 2021-03-16 1,132 $64.28 150,619 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.83 to $62.81 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.
  2. The total reported in column 5 includes: (1) 24,792 reported Restricted Stock Units ("RSUs"), which vest in 12 equal quarterly installments beginning on June 1, 2021, and do not expire; (2) 25,000 reported RSUs which vest in 5 equal monthly installments beginning on March 24, 2021 and expire July 24, 2024; (3) 33,334 reported RSUs which vest in 32 equal monthly installments beginning on March 29, 2021 and do not expire; and (4) 14,767 reported RSUs of which 25% vest on March 1, 2022 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2022 and do not expire. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.84 to $63.74 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.
  4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.85 to $64.74 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.