0001562180-22-000237.txt : 20220105
0001562180-22-000237.hdr.sgml : 20220105
20220105162720
ACCESSION NUMBER: 0001562180-22-000237
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220103
FILED AS OF DATE: 20220105
DATE AS OF CHANGE: 20220105
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: 22511506
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
2022-01-03
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
2022-01-03
4
G
false
5600.00
0.00
D
597998.00
D
Class A Common Stock
2022-01-03
4
G
false
5600.00
0.00
A
65600.00
I
See footnote
Class A Common Stock
2022-01-03
4
S
false
1000.00
84.526
D
64600.00
I
See footnote
Class A Common Stock
2022-01-03
4
S
false
1700.00
85.736
D
62900.00
I
See footnote
Class A Common Stock
2022-01-03
4
S
false
1990.00
86.635
D
60910.00
I
See footnote
Class A Common Stock
2022-01-03
4
S
false
810.00
87.471
D
60100.00
I
See footnote
Class A Common Stock
2022-01-03
4
S
false
100.00
89.22
D
60000.00
I
See footnote
On January 3, 2022, the reporting person made a bona fide gift of 5,600 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) 56,250 reported Restricted Stock Units ("RSUs") which will vest in 10 equal quarterly installments beginning on March 1, 2022. (2) 90,000 reported RSUs, which will vest 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. (4) 120,000 reported RSUs, of which 25% will vest on September 1, 2022, with the remaining portion vesting in 12 equal quarterly installments beginning on December 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) 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) 0 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto Revocable Trust, of which Mr. Barretto serves as 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 $84.12 to $85.04 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 $85.16 to $86.04 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 $86.16 to $87.13 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 $87.20 to $87.86 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
2022-01-05