0001517375-24-000010.txt : 20240206 0001517375-24-000010.hdr.sgml : 20240206 20240206170943 ACCESSION NUMBER: 0001517375-24-000010 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240205 FILED AS OF DATE: 20240206 DATE AS OF CHANGE: 20240206 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Del Preto Joseph CENTRAL INDEX KEY: 0001372274 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39156 FILM NUMBER: 24601145 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] ORGANIZATION NAME: 06 Technology 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 wk-form4_1707257373.xml FORM 4 X0508 4 2024-02-05 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 1 Class A Common Stock 2024-02-05 4 S 0 1200 59.524 D 127622 D Class A Common Stock 2024-02-05 4 S 0 300 60.463 D 127322 D The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.02 to $59.87 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. After giving effect to the transactions reported herein, the total reported in column 5 includes: (1) 2,066 reported restricted stock units ("RSUs"), which vest in 1 quarterly installment beginning on March 1, 2024; (2) 4,615 reported RSUs which vest in 5 equal quarterly installments beginning on March 1, 2024; (3) 19,721 reported RSUs which vest in 9 equal quarterly installments beginning on March 1, 2024; and (4) 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.35 to $60.52 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 transactions in this Form 4 occurred under a 10b5-1 plan adopted by the Reporting Person on August 16, 2023. /s/ Heidi Jonas, Attorney-in-fact for Joseph Del Preto 2024-02-06