Samir Gharib - Dec 29, 2023 Form 4 Insider Report for SPRUCE BIOSCIENCES, INC. (SPRB)

Role
President & CFO
Signature
/s/ Samir M. Gharib
Stock symbol
SPRB
Transactions as of
Dec 29, 2023
Transactions value $
$11,002
Form type
4
Date filed
1/3/2024, 04:08 PM
Previous filing
Dec 18, 2023
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPRB Common Stock Award $11K +11.3K +5.88% $0.98 203K Dec 29, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired by the Reporting Person pursuant to the Issuer's 2020 Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c). The Reporting Person acquired the maximum shares allowable pursuant to Section 423 of the Internal Revenue Code.