Justyn R. Howard - Mar 2, 2023 Form 4 Insider Report for Sprout Social, Inc. (SPT)

Role: Chairman and CEO, Director, 10%+ Owner
Signature: /s/ Heidi Jonas, Attorney-in-fact for Justyn R. Howard
Stock symbol: SPT
Transactions as of: Mar 2, 2023
Transactions value $: -$1,098,787
Form type: 4
Date filed: 3/3/2023, 03:08 PM
Previous filing: Feb 9, 2023
Next filing: Mar 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPT	Class A Common Stock	Tax liability	-$1.1M	-17.3K	-7.25%	$63.51	221K	Mar 2, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The total reported in column 5 includes: (1) 33,056 reported Restricted Stock Units ("RSUs") of which vest in 4 equal quarterly installments beginning on June 1, 2023; (2) 29,535 reported RSUs which vest in 8 equal quarterly installments beginning on June 1, 2023; and (3) 73,847 reported RSUs which vest in 12 equal quarterly installments beginning on June 1, 2023. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.

Content

The total reported in column 5 includes: (1) 33,056 reported Restricted Stock Units ("RSUs") of which vest in 4 equal quarterly installments beginning on June 1, 2023; (2) 29,535 reported RSUs which vest in 8 equal quarterly installments beginning on June 1, 2023; and (3) 73,847 reported RSUs which vest in 12 equal quarterly installments beginning on June 1, 2023. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.