S-8 1 sptforms-8evergreen2022.htm S-8 Document

As filed with the Securities and Exchange Commission on May 4, 2022
Registration No. 333-
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
 
Sprout Social, Inc.
(Exact name of Registrant as specified in its charter)
Delaware 27-2404165
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)
131 South Dearborn Street, Suite 700
Chicago, Illinois 60603
(Address of principal executive offices) (Zip code)
 
SPROUT SOCIAL, INC. 2019 INCENTIVE AWARD PLAN
(Full title of the plan)
 
Justyn Howard
Chairman of the Board of Directors
and Chief Executive Officer
Sprout Social, Inc.
131 South Dearborn Street, Suite 700
Chicago, Illinois 60603
Tel: (866) 878-3231
(Name, address, including zip code, and telephone number, including area code, of agent for service)

Copies to:
 
Courtney M. W. Tygesson
Cooley LLP
110 North Wacker
Suite 4200
Chicago, Illinois 60606
(312) 881-6500
 
Heidi Jonas
General Counsel and Secretary
Sprout Social, Inc.
131 South Dearborn Street, Suite 700
Chicago, Illinois 60603
Tel: (866) 878-3231
 
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer   x
Accelerated filer     ¨
Non-accelerated filer     ¨
Smaller reporting company     ¨
Emerging growth company     ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ¨
 



EXPLANATORY NOTE
 
In this registration statement, Sprout Social, Inc. is sometimes referred to as “Registrant,” “we,” “us” or “our.”

The Registrant is filing this Registration Statement on Form S-8 for the purpose of registering an additional 7,813,260 shares of the Registrant’s Class A common stock, $0.0001 par value per share (the “Class A common stock”), to be issued pursuant to the Sprout Social, Inc. 2019 Incentive Award Plan (the “Incentive Plan”) resulting from automatic annual increases on each of January 1, 2022, 2021 and 2020 pursuant to the “evergreen” provision of the Incentive Plan (which provides that the total number of shares subject to the Incentive Plan may be increased each year pursuant to a specified formula as set forth in the Incentive Plan). These shares being registered pursuant to this Registration Statement are the same class as other securities for which the following registration statement (the “Prior Registration Statement”) relating to the Incentive Plan was filed with the Securities and Exchange Commission (the “SEC”): Commission File No. 333-235547, filed with the SEC on December 17, 2019.

In accordance with General Instruction E of Form S-8, the contents of the Prior Registration Statement are incorporated herein by reference and made part of this Registration Statement, except as amended hereby.

PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
 
Item 3. Incorporation of Documents by Reference.
 
The SEC allows us to incorporate by reference the information we file with them, which means that we can disclose important information to you by referring you to those documents. The information incorporated by reference is considered to be part of this registration statement, and later information filed with the SEC will update and supersede this information. We hereby incorporate by reference into this registration statement the following documents previously filed with the SEC:





All documents that the Registrant subsequently files pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act prior to the filing of a post-effective amendment to the registration statement which indicates that all of the securities offered have been sold or which deregisters all such securities then remaining unsold, shall be deemed to be incorporated by reference in this registration statement and to be a part hereof from the date of the filing of such documents, except as to any portion of any future annual or quarterly report to stockholders or document or current report furnished under current Items 2.02 or 7.01 of Form 8-K, and exhibits furnished on such form that relate to such items, that is not deemed filed under such provisions. For the purposes of this registration statement, any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded to the extent that a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this registration statement.

Under no circumstances will any information filed under current Items 2.02 or 7.01 of Form 8-K, and exhibits furnished on such form that relate to such items, be deemed incorporated herein by reference unless such Form 8-K expressly provides to the contrary.
 
Item 8. Exhibits.

 The following documents are filed as exhibits to this Registration Statement:



Incorporated by Reference
Exhibit NumberDescriptionSchedule FormFile NumberExhibitFiling Date
4.18-K
001-39156
3.1December 17, 2019
4.28-K
001-39156
3.2December 17, 2019
4.3S-1/A333-2343164.1December 2, 2019
4.4S-1/A333-23431610.12December 2, 2019
4.5S-1/A333-23431610.15December 2, 2019
4.610-K
001-39156
10.18February 28, 2020
4.710-K
001-39156
10.19February 24, 2021
5.1*
23.1*
23.2*
24.1*
107*
____________________
* Filed herewith.  





SIGNATURES
 
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of Chicago, state of Illinois, on this 4th day of May, 2022.
 
 SPROUT SOCIAL, INC.
 By:/s/ Justyn Howard
  Name: Justyn Howard
  Title: Chairman of the Board of Directors and Chief Executive Officer
 
POWER OF ATTORNEY
 
KNOW ALL BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints Justyn Howard and Joe Del Preto, and each of them, as his or her true and lawful attorneys-in-fact and agents, each with the full power of substitution, for him or her and in his or her name, place or stead, in any and all capacities, to sign any and all amendments to this Registration Statement (including post-effective amendments), and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
 
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.
Name  Position  Date
     
/s/ Justyn Howard
Justyn Howard
  
Chairman of the Board of Directors and Chief Executive Officer
(Principal Executive Officer)
  May 4, 2022
     
/s/ Peter Barris
Peter Barris
  Director  May 4, 2022
     
/s/ Steven Collins
Steven Collins
  Director  May 4, 2022
     
/s/ Joe Del Preto  Chief Financial Officer and Treasurer  May 4, 2022
Joe Del Preto  
 (Principal Financial Officer and Principal
Accounting Officer)
   
       
/s/ Raina Moskowitz
Raina Moskowitz
  Director  May 4, 2022
     
/s/ Aaron Rankin
Aaron Rankin
  Chief Technology Officer and Director  May 4, 2022
     
/s/ Thomas Stanley
Thomas Stanley
  Director  May 4, 2022
     
/s/ Karen Walker
Karen Walker
  Director  May 4, 2022