Kevin Griffin - 27 Nov 2024 Form 4 Insider Report for SPRUCE POWER HOLDING CORP (SPRU)

Role
Director
Signature
/s/ Jonathan M. Norling, Attorney-in-Fact
Issuer symbol
SPRU
Transactions as of
27 Nov 2024
Net transactions value
+$23,653
Form type
4
Filing time
02 Dec 2024, 19:14:27 UTC
Previous filing
21 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPRU Common Stock Purchase $23,653 +10,000 +2.3% $2.37 448,125 27 Nov 2024 See Footnotes F1, F2
holding SPRU Common Stock 39,100 27 Nov 2024 Direct F1
holding SPRU Common Stock 264,583 27 Nov 2024 See Footnotes F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Effective on October 6, 2023, the issuer effected a 1 to 8 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.
F2 Includes shares of common stock managed by MGG Investment Group, LP ("MGG"), that allocates to various held funds of which the reporting person is the Chief Executive Officer and Chief Investment Officer. Notwithstanding his dispositive and voting control over such shares, Mr. Griffin disclaims beneficial ownership of the shares of common stock and warrants held by MGG, except to the extent of his proportionate pecuniary interest therein.
F3 Includes shares of common stock issuable upon exercise of warrants held by MGG , of which the reporting person is the Chief Executive Officer and Chief Investment Officer. Notwithstanding his dispositive and voting control over such shares, Mr. Griffin disclaims beneficial ownership of the shares of common stock and warrants held by MGG, except to the extent of his proportionate pecuniary interest therein.