4//SEC Filing
Barretto Ryan Paul 4
Accession 0001517375-24-000083
CIK 0001517375other
Filed
Jun 4, 8:00 PM ET
Accepted
Jun 5, 5:36 PM ET
Size
7.0 KB
Accession
0001517375-24-000083
Insider Transaction Report
Form 4
Barretto Ryan Paul
DirectorCEO
Transactions
- Sale
Class A Common Stock
2024-06-04$32.14/sh−15,586$500,872→ 484,115 total
Holdings
- 198,175(indirect: See Footnote)
Class A Common Stock
Footnotes (3)
- [F1]Shares sold pursuant to an irrevocable election made on November 21, 2022, in conformity with the requirements of Rule 10b5-1 for the purpose of covering tax obligations upon settlement of restricted stock units ("RSUs").
- [F2]The total reported in Column 5 includes: (1) 15,000 reported RSUs which vest in 2 equal quarterly installments beginning on September 1, 2024; (2) 11,250 reported RSUs which vest in 3 equal quarterly installments beginning on September 1, 2024; (3) 37,500 reported RSUs which vest in 5 equal quarterly installments beginning on September 1, 2024; (4) 26,250 reported RSUs which vest in 7 equal quarterly installments beginning on September 1, 2024; (5) 82,500 reported RSUs which vest in 11 equal quarterly installments beginning on September 1, 2024; (6) 41,343 reported RSUs which vest in 11 equal quarterly installments beginning on September 1, 2024; and (7) 69,538 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.
- [F3]This amount 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) 138,175 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto Revocable Trust, of which Mr. Barretto serves as the sole trustee.
Documents
Issuer
Sprout Social, Inc.
CIK 0001517375
Entity typeother
Related Parties
1- filerCIK 0001791914
Filing Metadata
- Form type
- 4
- Filed
- Jun 4, 8:00 PM ET
- Accepted
- Jun 5, 5:36 PM ET
- Size
- 7.0 KB