0001562180-21-004821.txt : 20210706 0001562180-21-004821.hdr.sgml : 20210706 20210706213801 ACCESSION NUMBER: 0001562180-21-004821 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210210 FILED AS OF DATE: 20210706 DATE AS OF CHANGE: 20210706 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Barretto Ryan Paul CENTRAL INDEX KEY: 0001791914 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39156 FILM NUMBER: 211076127 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] 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 2021-02-10 false 0001517375 Sprout Social, Inc. SPT 0001791914 Barretto Ryan Paul 131 SOUTH DEARBORN ST. SUITE 700 CHICAGO IL 60603 false true false false President Class A Common Stock 2021-02-10 4 G false 76000.00 0.00 D 498886.00 D Class A Common Stock 2021-02-10 4 G false 76000.00 0.00 A 93600.00 I See footnote Class A Common Stock 2021-07-01 4 S false 508.00 89.11 D 93092.00 I See footnote Class A Common Stock 2021-07-01 4 S false 4492.00 88.517 D 88600.00 I See footnote Class A Common Stock 2021-07-01 4 S false 600.00 87.151 D 88000.00 I See footnote On February 10, 2021, the reporting person made a bona fide gift of 76,000 shares of Issuer Common Stock to the Ryan Paul Barretto Revocable Trust. This transaction is being reported on a voluntary basis pursuant to General Instruction 4(a) of SEC Form 4. The total reported in Column 5 includes: (1) 67,500 reported Restricted Stock Units ("RSUs") which will vest in 12 equal quarterly installments beginning on September 1, 2021. (2) 120,000 reported RSUs, of which 25% will vest on December 1, 2021, with the remaining portion vesting in 12 equal quarterly installments beginning on March 1, 2022. (3) 60,000 reported RSUs of which 25% will vest on March 1, 2022, with the remaining portion 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. Following the transactions reported herein, this represents (i) 28,000 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto Revocable Trust, of which Mr. Barretto serves as the sole trustee; and (ii) 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. This transaction occurred under a 10b5-1 plan. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.87 to $89.84 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 $87.83 to $88.80 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 $86.68 to $87.61 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. /s/ Heidi Jonas, Attorney-in-fact for Ryan Paul Barretto 2021-07-06