0001517375-24-000033.txt : 20240306
0001517375-24-000033.hdr.sgml : 20240306
20240306163027
ACCESSION NUMBER: 0001517375-24-000033
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240304
FILED AS OF DATE: 20240306
DATE AS OF CHANGE: 20240306
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: 24726368
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_1709760605.xml
FORM 4
X0508
4
2024-03-04
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
2024-03-04
4
S
0
6800
64.023
D
120522
D
Class A Common Stock
2024-03-04
4
S
0
1300
63.89
D
119222
D
Class A Common Stock
2024-03-04
4
S
0
200
64.245
D
119022
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) 3,692 reported RSUs which vest in 4 equal quarterly installments beginning on June 1, 2024; (2) 17,529 reported RSUs which vest in 8 equal quarterly installments beginning on June 1, 2024; and (3) 30,474 reported RSUs which vest 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.
Transactions occurred under a 10b5-1 plan adopted by the Reporting Person on August 16, 2023.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.14 to $64.11 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.21 to $64.28 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.
/s/ Heidi Jonas, Attorney-in-fact for Joseph Del Preto
2024-03-06