Del Preto Joseph's Form 4/A amendment
AmendedSprout Social, Inc. (SPT) · filed Dec 6, 2024
- Accession no.
- 0001517375-24-000140
- Filed
- Dec 6, 2024
- Trade date
- Dec 3, 2024
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Dec 4, 2024
This filing lists 1 non-derivative transaction. Open-market sales total $79.9K. It was filed 3 days after the trade.
This amendment replaces 0001517375-24-000136 (filed Dec 4, 2024).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Del Preto JosephCIK 0001372274 | Officer (CFO and Treasurer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 3, 2024 | Class A Common Stock | SSaleDisposed | −2,541 | $31.45F2 | −$79,914.45 | 154,573 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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
This amended Form 4 is being filed to correct the Price reported on the Form 4 filed by the Reporting Person on December 4, 2024.
Referenced by the price of 1 transaction in Table I.
- F3
After giving effect to the transaction reported herein, the total reported in column 5 includes: (1) 923 reported RSUs which vest in 1 quarterly installment on March 1, 2025; (2) 10,956 reported RSUs which vest in 5 equal quarterly installments beginning on March 1, 2025; (3) 22,856 reported RSUs which vest in 9 equal quarterly installments beginning on March 1, 2025; and (4) 55,122 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. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire.