0001517375-24-000094.txt : 20240709
0001517375-24-000094.hdr.sgml : 20240709
20240709162735
ACCESSION NUMBER: 0001517375-24-000094
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240708
FILED AS OF DATE: 20240709
DATE AS OF CHANGE: 20240709
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: 241107720
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_1720556848.xml
FORM 4
X0508
4
2024-07-08
0
0001517375
Sprout Social, Inc.
SPT
0001791914
Barretto Ryan Paul
131 SOUTH DEARBORN ST.
SUITE 700
CHICAGO
IL
60603
0
1
0
0
President
1
Class A Common Stock
2024-07-08
4
S
0
11200
36.10
D
186975
I
See Footnote
Class A Common Stock
484115
D
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.52 to $36.34 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.
After giving effect to the transaction reported herein, 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) 126,975 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto Revocable Trust, of which Mr. Barretto serves as the sole trustee.
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.
Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.
The transaction in this Form 4 occurred under a 10b5-1 plan adopted by the Reporting Person on August 31, 2023.
/s/ Heidi Jonas, Attorney-in-fact for Ryan Paul Barretto
2024-07-09