4//SEC Filing
Barretto Ryan Paul 4
Accession 0001517375-24-000094
CIK 0001517375other
Filed
Jul 8, 8:00 PM ET
Accepted
Jul 9, 4:27 PM ET
Size
7.6 KB
Accession
0001517375-24-000094
Insider Transaction Report
Form 4
Barretto Ryan Paul
DirectorCEO
Transactions
- Sale
Class A Common Stock
2024-07-08$36.10/sh−11,200$404,320→ 186,975 total(indirect: See Footnote)
Holdings
- 484,115
Class A Common Stock
Footnotes (4)
- [F1]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.52 to $36.34 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.
- [F2]After giving effect to the transaction reported herein, 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) 126,975 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto Revocable Trust, of which Mr. Barretto serves as the sole trustee.
- [F3]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.
- [F4]Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.
Documents
Issuer
Sprout Social, Inc.
CIK 0001517375
Entity typeother
Related Parties
1- filerCIK 0001791914
Filing Metadata
- Form type
- 4
- Filed
- Jul 8, 8:00 PM ET
- Accepted
- Jul 9, 4:27 PM ET
- Size
- 7.6 KB