Rankin Aaron Edward Frederick 4
4 · Sprout Social, Inc. · Filed Jun 6, 2024
Insider Transaction Report
Form 4
Rankin Aaron Edward Frederick
Director10% Owner
Transactions
- Sale
Class A Common Stock
2024-06-04$32.14/sh−1,184$38,049→ 43,303 total
Footnotes (2)
- [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) 1,846 reported RSUs which vest in 3 equal quarterly installments beginning on September 1, 2024; (2) 7,180 reported RSUs which vest in 7 equal quarterly installments beginning on September 1, 2024; (3) 11,175 reported RSUs which vest in 11 equal quarterly installments beginning on September 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.