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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 2/21/20 |
Issuer: |
| Issuer CIK: 1506439 |
| Issuer Name: SharpSpring, Inc. |
| Issuer Trading Symbol: SHSP |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1677667 |
| | Owner Name: Whitton Travis |
| Reporting Owner Address: |
| | Owner Street 1: C/O SHARPSPRING, INC. |
| | Owner Street 2: 5001 CELEBRATION POINTE AVE, STE 410 |
| | Owner City: GAINESVILLE |
| | Owner State: FL |
| | Owner ZIP Code: 32608 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Officer? Yes |
| | Is Other? No |
| | Officer Title: Chief Technology Officer |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 2/21/20 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 2,426 |
| | | Transaction Price Per Share: |
| Value: 0 |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 187,807 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 2/21/20 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 719 |
| Footnote ID: F2 |
| | | Transaction Price Per Share: |
| Value: 13.66 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 187,088 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Restricted Stock Unit |
| | Conversion or Exercise Price: |
| | | Value: 0 |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 2/21/20 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 2,426 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Footnote ID: F3 |
| | Expiration Date: |
| | | Footnote ID: F3 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 2,426 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 10,860 |
| Footnote ID: F4 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. |
| Footnote - F2: Represents the number of shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting of RSUs. |
| Footnote - F3: 33% vested on February 21, 2020 with remaining vesting quarterly in equal installments of 1/12 thereafter commencing on April 1, 2020. |
| Footnote - F4: Represents total number of all RSU's beneficially owned as of 2/25/20. |
Owner Signature: |
| Signature Name: /s/ Travis Whitton |
| Signature Date: 2/25/20 |