Barretto Ryan Paul 4
4 · Sprout Social, Inc. · Filed Dec 4, 2024
Insider Transaction Report
Form 4
Barretto Ryan Paul
DirectorCEO
Transactions
- Sale
Class A Common Stock
2024-12-03$31.45/sh−13,465$423,474→ 546,343 total
Holdings
- 170,175(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) 3,750 reported RSUs which vest in 1 quarterly installment on March 1, 2025; (2) 22,500 reported RSUs which vest in 3 equal quarterly installments beginning on March 1, 2025; (3) 18,750 reported RSUs which vest in 5 equal quarterly installments beginning on March 1, 2025; (4) 67,500 reported RSUs which vest in 9 equal quarterly installments beginning on March 1, 2025; (5) 33,826 reported RSUs which vest in 9 equal quarterly installments beginning on March 1, 2025; (6) 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; and (7) 88,999 reported RSUs of which 25% will vest on October 1, 2025 with the remaining RSUs vesting in 12 equal quarterly installments beginning on January 1, 2026.
- [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) 110,175 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto Revocable Trust, of which Mr. Barretto serves as the sole trustee.