MICHAEL G. GREY - 16 Dec 2021 Form 4 Insider Report for SPRUCE BIOSCIENCES, INC. (SPRB)

Role
Executive Chairman, Director
Signature
/s/ Samir Gharib, Power of Attorney
Issuer symbol
SPRB
Transactions as of
16 Dec 2021
Transactions value $
$0
Form type
4
Filing time
20 Dec 2021, 20:11:02 UTC
Previous filing
23 Jul 2021
Next filing
02 May 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SPRB Employee Stock Option (right to buy) Award $0 +50,000 $0 50,000 16 Dec 2021 Common Stock 50,000 $2.48 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/48th of the shares vest on a monthly basis from December 16, 2021, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2020 Equity Incentive Plan).