Howard Justyn Russell, CHAIR, reported an open-market or private sale at Sprout Social, Inc. involving 10895.000000 shares for an estimated $124758.65. Reported holdings after the transaction were 239840.000000 shares. The stored filing text includes a detected 10b5-1 reference.
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Executive Chair
Shares sold pursuant to an irrevocable election made on November 29, 2024, in conformity with the requirements of Rule 10b5-1 for the purpose of covering tax obligations upon settlement of
restricted stock units ("RSUs").
After giving effect to this transaction the total reported in column 5 includes: (1) 14,222 reported RSUs which vest in 2 equal quarterly installments beginning on December 1, 2026; (2) 44,522
reported RSUs which vest in 6 equal quarterly installments beginning on December 1, 2026; and (3) 68,431 reported RSUs which will vest in 10 equal quarterly installments beginning on December
1, 2026. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.
This represents (i) 7,417 shares of Class A common stock and 606,190 shares of Class B common stock, held by the JRH Revocable Trust, of which the Reporting Person serves as the sole trustee; (ii) 170…
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…
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