0001562180-21-005817.txt : 20210903
0001562180-21-005817.hdr.sgml : 20210903
20210903163416
ACCESSION NUMBER: 0001562180-21-005817
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210901
FILED AS OF DATE: 20210903
DATE AS OF CHANGE: 20210903
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: 211236995
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
2021-09-01
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
2021-09-01
4
S
false
1633.00
122.017
D
80767.00
I
See footnote
Class A Common Stock
2021-09-01
4
S
false
3967.00
121.43
D
76800.00
I
See footnote
Class A Common Stock
2021-09-02
4
S
false
2052.00
123.26
D
496834.00
D
Shares sold 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 $121.83 to $122.51 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.
Following the transactions reported herein, this represents (i) 16,800 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.82 to $121.80 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.
Shares sold pursuant to an irrevocable election made in conformity with the requirements of Rule 10b5-1 for the purpose of covering tax obligations upon settlement of restricted stock units.
The total reported in Column 5 includes: (1) 61,875 reported Restricted Stock Units ("RSUs") which will vest in 11 equal quarterly installments beginning on December 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.
/s/ Heidi Jonas, Attorney-in-fact for Ryan Paul Barretto
2021-09-03