0001562180-21-007772.txt : 20211220
0001562180-21-007772.hdr.sgml : 20211220
20211220161047
ACCESSION NUMBER: 0001562180-21-007772
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211216
FILED AS OF DATE: 20211220
DATE AS OF CHANGE: 20211220
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: 211505354
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
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4
2021-12-16
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
2021-12-16
4
S
false
600.00
92.201
D
108676.00
D
Class A Common Stock
2021-12-16
4
S
false
600.00
93.005
D
108076.00
D
Class A Common Stock
2021-12-16
4
S
false
400.00
94.063
D
107676.00
D
Class A Common Stock
2021-12-16
4
S
false
200.00
95.165
D
107476.00
D
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.62 to $92.51 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) 18,594 reported Restricted Stock Units ("RSUs"), which vest in 9 equal quarterly installments beginning on March 1, 2022; (2) 23,959 reported RSUs which vest in 23 equal monthly installments beginning on December 29, 2021; and (3) 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. 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 $92.64 to $93.25 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 $93.79 to $94.77 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 $95.04 to $95.30 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
2021-12-20