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