0001562180-21-004953.txt : 20210715
0001562180-21-004953.hdr.sgml : 20210715
20210715163635
ACCESSION NUMBER: 0001562180-21-004953
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210714
FILED AS OF DATE: 20210715
DATE AS OF CHANGE: 20210715
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: 211093040
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
2021-07-14
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
2021-07-14
4
S
false
900.00
84.056
D
126475.00
D
Class A Common Stock
2021-07-14
4
S
false
100.00
85.94
D
126375.00
D
Class A Common Stock
2021-07-14
4
S
false
500.00
87.866
D
125875.00
D
Class A Common Stock
2021-07-14
4
S
false
1500.00
88.93
D
124375.00
D
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.69 to $84.48 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) 22,726 reported Restricted Stock Units ("RSUs"), which vest in 11 equal quarterly installments beginning on September 1, 2021, and do not expire; (2) 5,000 reported RSUs which vest on July 24, 2021 and expire July 24, 2024; (3) 29,167 reported RSUs which vest in 28 equal monthly installments beginning on July 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 $87.47 to $88.30 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.
/s/ Heidi Jonas, Attorney-in-fact for Joseph Del Preto
2021-07-15