Jonathan M. Norling - 03 Apr 2023 Form 4 Insider Report for SPRUCE POWER HOLDING CORP (SPRU)

Role
Chief Legal Officer
Signature
/s/ Stacey Constas
Issuer symbol
SPRU
Transactions as of
03 Apr 2023
Net transactions value
$0
Form type
4
Filing time
05 Apr 2023, 15:44:42 UTC
Previous filing
03 Apr 2023
Next filing
12 Sep 2023
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 +517,000 +103% $0.000000 1,017,000 03 Apr 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 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 3, 2024, April 3, 2025, April 3, 2026 and April 3, 2027.