0001517375-24-000072.txt : 20240508
0001517375-24-000072.hdr.sgml : 20240508
20240508163841
ACCESSION NUMBER: 0001517375-24-000072
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240506
FILED AS OF DATE: 20240508
DATE AS OF CHANGE: 20240508
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: 24926888
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_1715200704.xml
FORM 4
X0508
4
2024-05-06
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
2024-05-06
4
S
0
1300
28.359
D
171344
D
Class A Common Stock
2024-05-06
4
S
0
200
29.50
D
171144
D
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.07 to $28.75 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 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; (3) 30,474 reported RSUs which vest in 12 equal quarterly installments beginning on June 1, 2024; and (4) 55,122 reported RSUs of which 25% will vest on March 1, 2025 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2025. 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 $29.20 to $29.80 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 transaction 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
2024-05-08