0001517375-24-000083.txt : 20240605 0001517375-24-000083.hdr.sgml : 20240605 20240605173610 ACCESSION NUMBER: 0001517375-24-000083 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240604 FILED AS OF DATE: 20240605 DATE AS OF CHANGE: 20240605 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Barretto Ryan Paul CENTRAL INDEX KEY: 0001791914 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39156 FILM NUMBER: 241023159 MAIL ADDRESS: STREET 1: C/O SPROUT SOCIAL, INC. STREET 2: 131 SOUTH DEARBORN AVENUE, 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] 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_1717623362.xml FORM 4 X0508 4 2024-06-04 0 0001517375 Sprout Social, Inc. SPT 0001791914 Barretto Ryan Paul 131 SOUTH DEARBORN ST. SUITE 700 CHICAGO IL 60603 0 1 0 0 President 0 Class A Common Stock 2024-06-04 4 S 0 15586 32.136 D 484115 D Class A Common Stock 198175 I See Footnote Shares sold pursuant to an irrevocable election made on November 21, 2022, in conformity with the requirements of Rule 10b5-1 for the purpose of covering tax obligations upon settlement of restricted stock units ("RSUs"). The total reported in Column 5 includes: (1) 15,000 reported RSUs which vest in 2 equal quarterly installments beginning on September 1, 2024; (2) 11,250 reported RSUs which vest in 3 equal quarterly installments beginning on September 1, 2024; (3) 37,500 reported RSUs which vest in 5 equal quarterly installments beginning on September 1, 2024; (4) 26,250 reported RSUs which vest in 7 equal quarterly installments beginning on September 1, 2024; (5) 82,500 reported RSUs which vest in 11 equal quarterly installments beginning on September 1, 2024; (6) 41,343 reported RSUs which vest in 11 equal quarterly installments beginning on September 1, 2024; and (7) 69,538 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. This amount represents: (i) 60,000 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto 2020 Gift Trust, of which Mr. Barretto's spouse is the sole trustee; and (ii) 138,175 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto Revocable Trust, of which Mr. Barretto serves as the sole trustee. /s/ Heidi Jonas, Attorney-in-fact for Ryan Paul Barretto 2024-06-05