0001562180-21-002320.txt : 20210317 0001562180-21-002320.hdr.sgml : 20210317 20210317213941 ACCESSION NUMBER: 0001562180-21-002320 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210316 FILED AS OF DATE: 20210317 DATE AS OF CHANGE: 20210317 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: 21752816 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 primarydocument.xml PRIMARY DOCUMENT X0306 4 2021-03-16 false 0001517375 Sprout Social, Inc. SPT 0001372274 Del Preto Joseph 131 SOUTH DEARBORN ST. SUITE 700 CHICAGO IL 60603 false true false false CFO and Treasurer Class A Common Stock 2021-03-16 4 S false 900.00 62.32 D 153719.00 D Class A Common Stock 2021-03-16 4 S false 1968.00 63.181 D 151751.00 D Class A Common Stock 2021-03-16 4 S false 1132.00 64.282 D 150619.00 D The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.83 to $62.81 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 total reported in column 5 includes: (1) 24,792 reported Restricted Stock Units ("RSUs"), which vest in 12 equal quarterly installments beginning on June 1, 2021, and do not expire; (2) 25,000 reported RSUs which vest in 5 equal monthly installments beginning on March 24, 2021 and expire July 24, 2024; (3) 33,334 reported RSUs which vest in 32 equal monthly installments beginning on March 29, 2021 and do not expire; and (4) 14,767 reported RSUs of which 25% vest on March 1, 2022 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2022 and do not expire. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.84 to $63.74 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 $63.85 to $64.74 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 disclosed in this form 4 occurred under a 10b5-1 plan. /s/ Heidi Jonas, Attorney-in-fact for Joseph Del Preto 2021-03-17