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Filing Details

Accession Number:: 0001517375-22-000051
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-11-21 16:02:40
Reporting Period:: 2022-11-17

Accepted Time:: 2022-11-21 16:02:40
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
1642519	Karen Walker	131 South Dearborn St. Suite 700 Chicago IL 60603		Yes	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	2022-11-17	3,987	$61.87	19,933	No	4	S	Indirect	see footnote
Class A Common Stock	Disposition	2022-11-17	3,987	$61.96	15,946	No	4	S	Indirect	see footnote
Class A Common Stock	Disposition	2022-11-17	3,987	$62.03	11,959	No	4	S	Indirect	see footnote
Class A Common Stock	Disposition	2022-11-18	3,800	$60.56	51,358	No	4	S	Direct
Class A Common Stock	Disposition	2022-11-18	1,200	$61.12	50,158	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	Direct
No	4	S	Direct

Footnotes

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.87 to $61.88 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 on this form, this amount represents: (i) 3,987 shares of Issuer Class A Common Stock held by the Michael Alexander Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees; (ii) 3,986 shares of Issuer Class A Common Stock held by the Alexander Brooke Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees; and (iii) 3,986 shares of Issuer Class A Common Stock held by the Cameron Richard Walker 2021 Trust, of which Ms. Walker and her spouse serve as the trustees.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.00 to $62.11 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 $60.02 to $60.98 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 total reported in column 5 includes: 4,164 of restricted stock units ("RSUs"), which will vest on the earlier of (i) the day immediately preceding the date of the first annual meeting of the Issuer's stockholders following the date of the grant and (ii) the first anniversary of the date of grant. 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 $61.02 to $61.29 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.