4//SEC Filing
Rankin Aaron Edward Frederick 4
Accession 0001517375-25-000038
CIK 0001517375other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 4:02 PM ET
Size
11.3 KB
Accession
0001517375-25-000038
Insider Transaction Report
Form 4
Rankin Aaron Edward Frederick
Director10% Owner
Transactions
- Conversion
Class B Common Stock
2025-03-17−23,646→ 2,566,959 total(indirect: See footnote)→ Class A Common Stock (23,646 underlying) - Sale
Class A Common Stock
2025-03-17$24.58/sh−23,646$581,124→ 0 total(indirect: See footnote) - Conversion
Class A Common Stock
2025-03-17+23,646→ 23,646 total(indirect: See footnote)
Holdings
- 42,122
Class A Common Stock
Footnotes (4)
- [F1]After giving effect to the transactions reported herein, this represents: (i) 591,066 shares of Class B common stock held by the Aaron Edward Frederick Rankin Revocable Trust, of which Mr. Rankin serves as the sole trustee; (ii) 1,250,962 shares of Class B common stock held by the Rankin Family 2013 Trust, of which Yeming Shi Rankin, Mr. Rankin's spouse, serves as the sole trustee; and (iii) 724,931 shares of Class B common stock held by the Rankin Family 2013 Non-Exempt Trust, of which Yeming Shi Rankin serves as the sole trustee. Yeming Shi Rankin may be deemed to have sole voting and dispositive power with respect to the Class B common stock held by, each of the Rankin Family 2013 Trust and the Rankin Family 2013 Non-Exempt Trust.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.02 to $24.99 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.
- [F3]The total reported in column 5 includes: (1) 4,103 reported restricted stock units ("RSUs") which vest in 4 equal quarterly installments beginning on June 1, 2025; (2) 8,127 reported RSUs which vest in 8 equal quarterly installments beginning on June 1, 2025; and (3) 5,088 reported RSUs which vest 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]Shares of Class B Common Stock have no economic rights and each share entitles its holder to 10 votes per share. Each share of Class B Common Stock is exchangeable by the holder on a one-for-one basis for Class A Common Stock at any time and does not expire.
Documents
Issuer
Sprout Social, Inc.
CIK 0001517375
Entity typeother
Related Parties
1- filerCIK 0001791946
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 4:02 PM ET
- Size
- 11.3 KB