0001517375-23-000104.txt : 20230906 0001517375-23-000104.hdr.sgml : 20230906 20230906170224 ACCESSION NUMBER: 0001517375-23-000104 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230905 FILED AS OF DATE: 20230906 DATE AS OF CHANGE: 20230906 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Del Preto Joseph CENTRAL INDEX KEY: 0001372274 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39156 FILM NUMBER: 231239962 MAIL ADDRESS: STREET 1: 600 WEST CHICAGO AVENUE STREET 2: SUITE 850 CITY: CHICAGO STATE: IL ZIP: 60610 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Sprout Social, Inc. CENTRAL INDEX KEY: 0001517375 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 272404165 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 131 SOUTH DEARBORN STREET STREET 2: SUITE 700 CITY: CHICAGO STATE: IL ZIP: 60603 BUSINESS PHONE: 866-878-3231 MAIL ADDRESS: STREET 1: 131 SOUTH DEARBORN STREET STREET 2: SUITE 700 CITY: CHICAGO STATE: IL ZIP: 60603 4 1 wf-form4_169403412870979.xml FORM 4 X0508 4 2023-09-05 0 0001517375 Sprout Social, Inc. SPT 0001372274 Del Preto Joseph 131 SOUTH DEARBORN ST. SUITE 700 CHICAGO IL 60603 0 1 0 0 CFO and Treasurer 0 Class A Common Stock 2023-09-05 4 S 0 2776 52.624 D 135109 D Shares sold pursuant to an irrevocable election made on November 21, 2022, in conformity with the requirements of Rule 10b5-1 for the purpose of covering tax obligations upon settlement of restricted stock units ("RSUs"). After giving effect to the transaction reported herein, the total reported in column 5 includes: (1) 4,132 reported RSUs, which vest in 2 equal quarterly installments beginning on December 1, 2023; (2) 2,084 reported RSUs which vest in 2 equal monthly installments beginning on September 29, 2023; (3) 5,538 reported RSUs which vest in 6 equal quarterly installments beginning on December 1, 2023; (4) 21,912 reported RSUs which vest in 10 equal quarterly installments beginning on December 1, 2023; and (5) 40,631 reported RSUs of which 25% will vest on March 1, 2024 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2024. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire. /s/ Heidi Jonas, Attorney-in-fact for Joseph Del Preto 2023-09-06