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