SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Kreuziger Jason

(Last)

(First)

(Middle)

C/O GOLDMAN SACHS GROUP INC

200 WEST STREET

(Street)

NEW YORK

10282

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Sprout Social, Inc. [ SPT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/13/2019

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/13/2019		P		5,000	A	$18.05	10,383,809⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/13/2019		S		5,000	D	$18.05	10,378,809⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/13/2019		P		25,000	A	$16.72	10,403,809⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/13/2019		S		25,000	D	$16.72	10,378,809⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/13/2019		P		15,000	A	$17	10,393,809⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/13/2019		S		15,000	D	$17	10,378,809⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/13/2019		P		444	A	$18.05	10,379,253⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/13/2019		S		444	D	$18.05	10,378,809⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/13/2019		P		556	A	$18.05	10,379,365⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/13/2019		S		556	D	$18.05	10,378,809⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/13/2019		P		5,000	A	$18.3	10,383,809⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/13/2019		S		5,000	D	$18.3	10,378,809⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/13/2019		P		1,800	A	$18.1044	10,380,609⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/13/2019		S		1,800	D	$18.1044	10,378,809⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/13/2019		P		50	A	$18.05	10,378,859⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/13/2019		S		50	D	$18.05	10,378,809⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/16/2019		P		1,000	A	$16.8	10,379,809⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/16/2019		S		1,000	D	$16.8	10,378,809⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/16/2019		P		10,000	A	$16.78	10,388,809⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	12/16/2019		S		10,000	D	$16.78	10,378,809⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	03/20/2020		S		3,648	A	$13.99	10,405,871⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	03/20/2020		P		3,648	D	$13.99	10,402,223⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	04/21/2020		P		174	A	$14.52	10,393,815⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	04/21/2020		S		174	D	$14.52	10,393,641⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	05/15/2020		P		4,348	A	$23.1938	10,424,772⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	05/15/2020		S		4,348	D	$23.1938	10,420,424⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	05/22/2020		P		1,000	A	$26.297	10,507,793⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	05/22/2020		S		1,000	D	$26.297	10,506,793⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	06/01/2020		S		26,900	A	$28.6655	10,406,390⁽⁴⁾	I	See Footnote⁽⁴⁾
Class A Common Stock⁽¹⁾⁽²⁾⁽³⁾	06/01/2020		P		26,900	D	$28.6655	10,379,490⁽⁴⁾	I	See Footnote⁽⁴⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These transactions in Class A common stock (the "Common Stock") of Sprout Social, Inc. (the "Issuer") have not previously been reported on Form 4 and were effected by Goldman Sachs & Co. LLC ("Goldman Sachs") acting as agent on behalf of an international affiliate that had entered into riskless principal trades in connection with client trade facilitation in the ordinary course of its business.

2. Without conceding riskless principal trades in connection with client trade facilitation in the ordinary course of business can result in liability under Section 16(b), the amount of profit potentially recoverable by the Issuer from the reported transactions in the event that they were subject to Section 16(b) will be remitted to the Issuer.

3. The Reporting Person is a managing director of Goldman Sachs. Goldman Sachs is a direct subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, or for any other purpose.

4. Goldman Sachs and GS Group may be deemed to beneficially own 274.1033 shares of Common Stock and 6,420 Restricted Stock Units ("RSUs") granted to the Reporting Person. The RSUs 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 a contingent right to receive one share of Common Stock of the Issuer and has no expiration date. The Reporting Person beneficially owns directly 734 shares of Common Stock.

Remarks:

Balance of trades included in attached schedule. (See Exhibit 99.1)

	/s/ Jamison Yardley, Attorney-in-fact	03/04/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.