Christopher M. Hayes - 12 Apr 2024 Form 4 Insider Report for SPRUCE POWER HOLDING CORP (SPRU)

Role
President and CEO, Director
Signature
/s/ Jonathan M. Norling, Attorney-in-Fact
Issuer symbol
SPRU
Transactions as of
12 Apr 2024
Transactions value $
$0
Form type
4
Date filed
16 Apr 2024, 17:23
Previous filing
01 Jun 2023
Next filing
02 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPRU Common Stock Award $0 +88.6K +163.86% $0.00 143K 12 Apr 2024 Direct F1

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 SPRU Stock Option (right to buy) Award $0 +295K $0.00 295K 12 Apr 2024 Common Stock 295K $3.74 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Securities awarded are in the form of restricted stock units (RSUs) that each represent a contingent right to receive one share of the issuer's common stock. Subject to the reporting person's continued service through the vesting dates, 25% of the RSUs will vest on each of April 12, 2025, April 12, 2026, April 12, 2027 and April 12, 2028.
F2 Subject to the reporting person's continued service through the vesting dates, options vest in 25% annual installments over a four year period beginning April 12, 2025.