Home > Insider Trading > Filing (0001562180-21-007403)

Filing Details

Accession Number:: 0001562180-21-007403
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-12-02 20:51:52
Reporting Period:: 2021-12-01

Accepted Time:: 2021-12-02 20:51:52
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1517375	Sprout Social Inc.	SPT	Services-Prepackaged Software (7372)	272404165

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1791914	Paul Ryan Barretto	131 South Dearborn St. Suite 700 Chicago IL 60603	President	No	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2021-12-01	788	$94.77	64,812	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-12-01	720	$96.15	64,092	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-12-01	896	$98.03	63,196	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-12-01	200	$98.85	62,996	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-12-01	605	$100.62	62,391	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-12-01	450	$101.69	61,941	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-12-01	700	$103.11	61,241	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-12-01	100	$103.84	61,141	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-12-01	200	$105.44	60,941	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-12-01	200	$106.56	60,741	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-12-01	400	$108.28	60,341	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-12-01	300	$110.44	60,041	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-12-01	41	$111.64	60,000	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-12-02	13,236	$99.66	603,598	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Direct

Footnotes

Shares sold under a 10b5-1 plan.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.50 to $106.62 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.70 to $108.66 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.42 to $110.70 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.
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.
The total reported in Column 5 includes: (1) 56,250 reported Restricted Stock Units ("RSUs") which will vest in 10 equal quarterly installments beginning on March 1, 2022. (2) 90,000 reported RSUs, which will vest in 12 equal quarterly installments beginning on March 1, 2022. (3) 60,000 reported RSUs of which 25% will vest on March 1, 2022, with the remaining portion vesting in 12 equal quarterly installments beginning on June 1, 2022. (4) 120,000 reported RSUs, of which 25% will vest on September 1, 2022, with the remaining portion vesting in 12 equal quarterly installments beginning on December 1, 2022. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.50 to $95.43 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.
Following the transactions reported herein, this represents 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.58 to $96.54 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.62 to $98.50 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.79 to $98.91 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.05 to $100.93 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.23 to $102.04 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.71 to $103.35 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.