Filing Details

Accession Number:
0001517375-25-000040
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2025-03-20 16:04:33
Reporting Period:
2025-03-17
Filing Date:
2025-03-20
Accepted Time:
2025-03-20 16:04:33
Original Submission Date:
2025-03-18
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
1791946 Frederick Edward Aaron Rankin 131 South Dearborn St.
Suite 700
Chicago IL 60603
Yes No Yes 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 2025-03-17 23,646 $0.00 18,476 No 4 G Direct
Class A Common Stock Acquisiton 2025-03-17 23,646 $0.00 23,646 No 4 G Indirect See footnote
Class A Common Stock Disposition 2025-03-17 23,646 $24.58 0 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 G Direct
No 4 G Indirect See footnote
No 4 S Indirect See footnote
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 2,590,605 2,590,605 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2,590,605 2,590,605 Indirect
Footnotes
  1. On March 17, 2025 the Reporting Person made a bona fide gift of 23,646 shares of Issuer Common Stock to the Aaron Edward Frederick Rankin Revocable Trust, of which the Reporting Person serves as the sole trustee.
  2. This transaction occurred under a 10b5-1 plan adopted by the Reporting Person on December 3, 2024.
  3. After giving effect to the transactions reported herein, this represents: (1) 4,103 reported restricted stock units ("RSUs") which vest in 4 equal quarterly installments beginning on June 1, 2025; (2) 8,127 reported RSUs which vest in 8 equal quarterly installments beginning on June 1, 2025; and (3) 5,088 reported RSUs which vest in 12 equal quarterly installments beginning on June 1, 2025. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.
  4. After giving effect to the transactions reported herein, this represents: (i) 614,712 shares of Class B Common Stock held by the Aaron Edward Frederick Rankin Revocable Trust, of which the Reporting Person serves as the sole trustee; (ii) 1,250,962 shares of Class B Common Stock held by the Rankin Family 2013 Trust, of which Yeming Shi Rankin, the Reporting Person's spouse, serves as the sole trustee; and (iii) 724,931 shares of Class B Common Stock held by the Rankin Family 2013 Non-Exempt Trust, of which Yeming Shi Rankin serves as the sole trustee. Yeming Shi Rankin may be deemed to have sole voting and dispositive power with respect to the Class B Common Stock held by, each of the Rankin Family 2013 Trust and the Rankin Family 2013 Non-Exempt Trust.
  5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.02 to $24.99 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.
  6. Shares of Class B Common Stock have no economic rights and each share entitles its holder to 10 votes per share. Each share of Class B Common Stock is exchangeable by the holder on a one-for-one basis for Class A Common Stock at any time and does not expire.