0001517375-23-000128.txt : 20231122
0001517375-23-000128.hdr.sgml : 20231122
20231122160047
ACCESSION NUMBER: 0001517375-23-000128
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231121
FILED AS OF DATE: 20231122
DATE AS OF CHANGE: 20231122
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Rankin Aaron Edward Frederick
CENTRAL INDEX KEY: 0001791946
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39156
FILM NUMBER: 231433341
MAIL ADDRESS:
STREET 1: C/O SPROUT SOCIAL, INC.
STREET 2: 131 SOUTH DEARBORN STREET, SUITE 700
CITY: CHICAGO
STATE: IL
ZIP: 60603
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
wk-form4_1700686824.xml
FORM 4
X0508
4
2023-11-21
0
0001517375
Sprout Social, Inc.
SPT
0001791946
Rankin Aaron Edward Frederick
131 SOUTH DEARBORN ST.
SUITE 700
CHICAGO
IL
60603
1
1
1
0
Chief Technology Officer
0
Class A Common Stock
2023-11-21
4
C
0
25000
0
A
25000
I
See footnote
Class A Common Stock
2023-11-21
4
G
0
22586
0
D
2414
I
See footnote
Class A Common Stock
42256
D
Class B Common Stock
2023-11-21
4
C
0
25000
0
D
Class A Common Stock
25000
2769705
I
See footnote
On November 21, 2023, the Reporting Person made a bona fide gift of 22,586 shares of Issuer Common Stock to a 501(c)(3) charitable organization of which the Reporting Person is a director.
Following the transactions reported herein, this represents (i) 2,414 shares of Class A Common stock held by the Aaron Edward Frederick Rankin Revocable Trust, (ii) 705,812 shares of Class B common stock held by the Aaron Edward Frederick Rankin Revocable Trust, of which Mr. Rankin serves as the sole trustee; (iii) 1,250,962 shares of Class B common stock held by the Rankin Family 2013 Trust, of which Yeming Shi Rankin, Mr. Rankin's spouse, serves as the sole trustee; and (iii) 812,931 shares of Class B common stock held by the Rankin Family 2013 Non-Exempt Trust, of which Yeming Shi Rankin serves as the sole trustee. Yeming Shi Rankin may be deemed to have sole voting and dispositive power with respect to the Class B common stock held by, each of the Rankin Family 2013 Trust and the Rankin Family 2013 Non-Exempt Trust.
The total reported in column 5 includes: (1) 2,755 reported RSUs which vest in 2 equal quarterly installments beginning on December 1, 2023; (2) 3,692 reported RSUs which vest in 6 equal quarterly installments beginning on December 1, 2023; (3) 10,257 reported RSUs which vest in 10 equal quarterly installments beginning on December 1, 2023; and (4) 16,253 reported RSUs of which 25% will vest on March 1, 2024 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2024. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.
Shares of Class B Common Stock have no economic rights and each share entitles its holder to 10 votes per share. Each share of Class B Common Stock is exchangeable by the holder on a one-for-one basis for Class A Common Stock at any time and does not expire.
/s/ Heidi Jonas, Attorney-in-fact for Aaron E.F. Rankin
2023-11-22