4/A//SEC Filing
Rankin Aaron Edward Frederick 4/A
Accession 0001517375-25-000040
CIK 0001517375other
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 4:04 PM ET
Size
12.6 KB
Accession
0001517375-25-000040
Insider Transaction Report
Form 4/AAmended
Rankin Aaron Edward Frederick
Director10% Owner
Transactions
- Gift
Class A Common Stock
2025-03-17−23,646→ 18,476 total - Gift
Class A Common Stock
2025-03-17+23,646→ 23,646 total(indirect: See footnote) - Sale
Class A Common Stock
2025-03-17$24.58/sh−23,646$581,124→ 0 total(indirect: See footnote)
Holdings
- 2,590,605(indirect: See footnote)
Class B Common Stock
→ Class A Common Stock (2,590,605 underlying)
Footnotes (6)
- [F1]On March 17, 2025 the Reporting Person made a bona fide gift of 23,646 shares of Issuer Common Stock to the Aaron Edward Frederick Rankin Revocable Trust, of which the Reporting Person serves as the sole trustee.
- [F2]This transaction occurred under a 10b5-1 plan adopted by the Reporting Person on December 3, 2024.
- [F3]After giving effect to the transactions reported herein, this represents: (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]After giving effect to the transactions reported herein, this represents: (i) 614,712 shares of Class B Common Stock held by the Aaron Edward Frederick Rankin Revocable Trust, of which the Reporting Person 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, the Reporting Person'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.
- [F5]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.
- [F6]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/A
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 4:04 PM ET
- Size
- 12.6 KB