Novo Holdings A/S - Mar 21, 2024 Form 4 Insider Report for SPRUCE BIOSCIENCES, INC. (SPRB)

Role: 10%+ Owner
Signature: /s/ Barbara Fiorini Due, General Counsel, Finance & Operations
Stock symbol: SPRB
Transactions as of: Mar 21, 2024
Transactions value $: -$350,951
Form type: 4
Date filed: 3/25/2024, 09:45 PM
Previous filing: Mar 20, 2024
Next filing: May 14, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPRB	COMMON STOCK	Sale	-$351K	-465K	-15.42%	$0.75	2.55M	Mar 21, 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Novo Holdings A/S is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.71 to $0.7785, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.71 to $0.7785, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.