4//SEC Filing
Rankin Aaron Edward Frederick 4
Accession 0001517375-24-000060
CIK 0001517375other
Filed
Apr 7, 8:00 PM ET
Accepted
Apr 8, 5:29 PM ET
Size
21.7 KB
Accession
0001517375-24-000060
Insider Transaction Report
Form 4
Rankin Aaron Edward Frederick
Director10% Owner
Transactions
- Sale
Class A Common Stock
2024-04-04$56.23/sh−5,067$284,922→ 5,933 total(indirect: See footnote) - Sale
Class A Common Stock
2024-04-04$57.99/sh−600$34,796→ 0 total(indirect: See footnote) - Conversion
Class B Common Stock
2024-04-04−22,000→ 2,590,605 total(indirect: See footnote)→ Class A Common Stock (22,000 underlying) - Conversion
Class A Common Stock
2024-04-04+22,000→ 22,000 total(indirect: See footnote) - Sale
Class A Common Stock
2024-04-04$56.14/sh−4,573$256,747→ 17,427 total(indirect: See footnote) - Sale
Class A Common Stock
2024-04-04$57.52/sh−5,333$306,749→ 600 total(indirect: See footnote) - Sale
Class A Common Stock
2024-04-04$57.39/sh−5,026$288,442→ 12,401 total(indirect: See footnote) - Sale
Class A Common Stock
2024-04-04$57.92/sh−1,401$81,145→ 11,000 total(indirect: See footnote)
Holdings
- 44,487
Class A Common Stock
Footnotes (9)
- [F1]After giving effect to the transactions reported herein, this represents: (i) 614,712 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) 724,931 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.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.80 to $56.77 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.
- [F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.80 to $57.78 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.
- [F4]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.80 to $58.08 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.
- [F5]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.90 to $56.88 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.
- [F6]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.90 to $57.88 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.
- [F7]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.91 to $58.08 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.
- [F8]The total reported in column 5 includes: (1) 2,461 reported RSUs which vest in 4 equal quarterly installments beginning on June 1, 2024; (2) 8,205 reported RSUs which vest in 8 equal quarterly installments beginning on June 1, 2024; (3) 12,190 reported RSUs which vest in 12 equal quarterly installments beginning on June 1, 2024; and (4) 6,784 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.
- [F9]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.
Documents
Issuer
Sprout Social, Inc.
CIK 0001517375
Entity typeother
Related Parties
1- filerCIK 0001791946
Filing Metadata
- Form type
- 4
- Filed
- Apr 7, 8:00 PM ET
- Accepted
- Apr 8, 5:29 PM ET
- Size
- 21.7 KB