0001562180-21-004425.txt : 20210622
0001562180-21-004425.hdr.sgml : 20210622
20210622163424
ACCESSION NUMBER: 0001562180-21-004425
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210618
FILED AS OF DATE: 20210622
DATE AS OF CHANGE: 20210622
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: 211035757
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
primarydocument.xml
PRIMARY DOCUMENT
X0306
4
2021-06-18
false
0001517375
Sprout Social, Inc.
SPT
0001791946
Rankin Aaron Edward Frederick
131 SOUTH DEARBORN ST.
SUITE 700
CHICAGO
IL
60603
true
true
true
false
Chief Technology Officer
Class A Common Stock
2021-06-18
4
C
false
47600.00
0.00
A
47600.00
I
See footnote
Class A Common Stock
2021-06-18
4
S
false
1100.00
86.199
D
46500.00
I
See footnote
Class A Common Stock
2021-06-18
4
S
false
2985.00
87.291
D
43515.00
I
See footnote
Class A Common Stock
2021-06-18
4
S
false
2904.00
88.212
D
40611.00
I
See footnote
Class A Common Stock
2021-06-18
4
S
false
1411.00
89.19
D
39200.00
I
See footnote
Class A Common Stock
2021-06-18
4
S
false
1100.00
90.00
D
38100.00
I
See footnote
Class A Common Stock
2021-06-18
4
S
false
2500.00
86.112
D
35600.00
I
See footnote
Class A Common Stock
2021-06-18
4
S
false
8138.00
87.208
D
27462.00
I
See footnote
Class A Common Stock
2021-06-18
4
S
false
7716.00
88.123
D
19746.00
I
See footnote
Class A Common Stock
2021-06-18
4
S
false
5020.00
89.089
D
14726.00
I
See footnote
Class A Common Stock
2021-06-18
4
S
false
14726.00
90.00
D
0.00
I
See footnote
Class A Common Stock
2021-06-21
4
C
false
4400.00
0.00
A
4400.00
I
See footnote
Class A Common Stock
2021-06-21
4
S
false
4400.00
90.328
D
0.00
I
See footnote
Class A Common Stock
28815.00
D
Class B Common Stock
2021-06-18
4
C
false
47600.00
0.00
D
Class A Common Stock
47600.00
3444101.00
I
See footnote
Class B Common Stock
2021-06-21
4
C
false
4400.00
0.00
D
Class A Common Stock
4400.00
3439701.00
I
See footnote
Following the transactions reported herein, this represents (i) 941,538 shares of Class B common stock held by the Aaron Edward Frederick Rankin Revocable Trust, of which Mr. Rankin serves as the sole trustee; (ii) 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) 1,247,201 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.68 to $89.61 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 $90.00 to $90.79 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.
This total reported in column 5 includes: (1) 15,150 reported Restricted Stock Units ("RSUs") which vest in 11 equal quarterly installments beginning on September 1, 2021; and (2) 9,845 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.
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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.78 to $86.67 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 $86.79 to $87.74 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 $87.81 to $88.78 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 $88.83 to $89.61 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 $89.99 to $90.00 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 $85.65 to $86.48 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 $86.67 to $87.63 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 $87.67 to $88.66 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 disclosed in this form 4 occurred under a 10b5-1 plan.
/s/ Heidi Jonas, Attorney-in-fact for Aaron E.F. Rankin
2021-06-22