4//SEC Filing
Barretto Ryan Paul 4
Accession 0001517375-24-000107
CIK 0001517375other
Filed
Sep 4, 8:00 PM ET
Accepted
Sep 5, 6:10 PM ET
Size
7.1 KB
Accession
0001517375-24-000107
Insider Transaction Report
Form 4
Barretto Ryan Paul
DirectorCEO
Transactions
- Sale
Class A Common Stock
2024-09-04$29.23/sh−13,306$388,948→ 470,809 total
Holdings
- 186,975(indirect: See Footnote)
Class A Common Stock
Footnotes (4)
- [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]After giving effect to the transaction reported herein, this represents: (1) 7,500 reported RSUs which vest in 1 installment on December 1, 2024; (2) 7,500 reported RSUs which vest in 2 equal quarterly installments beginning on December 1, 2024; (3) 30,000 reported RSUs which vest in 4 equal quarterly installments beginning on December 1, 2024; (4) 22,500 reported RSUs which vest in 6 equal quarterly installments beginning on December 1, 2024; (5) 75,000 reported RSUs which vest in 10 equal quarterly installments beginning on December 1, 2024; (6) 37,585 reported RSUs which vest in 10 equal quarterly installments beginning on December 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.
- [F3]Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.
- [F4]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.
Documents
Issuer
Sprout Social, Inc.
CIK 0001517375
Entity typeother
Related Parties
1- filerCIK 0001791914
Filing Metadata
- Form type
- 4
- Filed
- Sep 4, 8:00 PM ET
- Accepted
- Sep 5, 6:10 PM ET
- Size
- 7.1 KB