Key facts
- This page summarizes Ralph William Charlton III's Form 4 filing for SPRUCE BIOSCIENCES, INC. (SPRB).
- 9 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 20 Dec 2024, 20:30.
Ralph William Charlton III - 10 Dec 2024 Form 4 Insider Report for SPRUCE BIOSCIENCES, INC. (SPRB)
- Reporting relationship
- CHIEF MEDICAL OFFICER
- Issuer ticker
- SPRB
- Reported as of
- 10 Dec 2024
- Net transaction value
- -$28,479
- SEC form
- 4
- Accepted by SEC
- 20 Dec 2024, 20:30:02 UTC
- Prior SEC filing
- 18 Mar 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Samir Gharib, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Ralph William Charlton III filed Form 4 for SPRUCE BIOSCIENCES, INC. (SPRB) on 20 Dec 2024.
Change
- Previous filing in this sequence was filed on 18 Mar 2024.
- Current net transaction value: -$28,479.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SPRB
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +106,400
- Change %
- +192%
- Price
- $0.000000
- Shares after
- 161,773
- Date
- 10 Dec 2024
- Ownership
- Direct
- Footnotes
- F1, F2
SPRB
transaction
Common Stock
Tax liability
- Transaction value
- $20,387
- Shares
- -37,964
- Change %
- -23%
- Price
- $0.5370
- Shares after
- 123,809
- Date
- 10 Dec 2024
- Ownership
- Direct
- Footnotes
- F1
SPRB
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +26,600
- Change %
- +21%
- Price
- $0.000000
- Shares after
- 150,409
- Date
- 16 Dec 2024
- Ownership
- Direct
- Footnotes
- F1, F2
SPRB
transaction
Common Stock
Tax liability
- Transaction value
- $3,689
- Shares
- -9,491
- Change %
- -6.3%
- Price
- $0.3887
- Shares after
- 140,918
- Date
- 16 Dec 2024
- Ownership
- Direct
- Footnotes
- F1
SPRB
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +31,750
- Change %
- +23%
- Price
- $0.000000
- Shares after
- 172,668
- Date
- 16 Dec 2024
- Ownership
- Direct
- Footnotes
- F2, F3
SPRB
transaction
Common Stock
Tax liability
- Transaction value
- $4,404
- Shares
- -11,329
- Change %
- -6.6%
- Price
- $0.3887
- Shares after
- 161,339
- Date
- 16 Dec 2024
- Ownership
- Direct
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SPRB
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -106,400
- Change %
- -50%
- Price
- $0.000000
- Shares after
- 106,400
- Date
- 10 Dec 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 106,400
- Exercise price
- $0.000000
- Footnotes
- F1, F2
SPRB
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -26,600
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 79,800
- Date
- 16 Dec 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 26,600
- Exercise price
- $0.000000
- Footnotes
- F1, F2, F4
SPRB
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -31,750
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 63,500
- Date
- 16 Dec 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 31,750
- Exercise price
- $0.000000
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
On December 14, 2023, the Reporting Person was granted a total of 212,800 RSUs. 50% or 106,400 of the total RSUs are performance-based and since certain specified performance goals were met, they all vested on December 10, 2024. An additional 106,400 of the total RSUs are time-based. 25% of which vested on December 15, 2024, and in equal annual installments thereafter, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2020 Equity Incentive Plan). On December 15, 2024, 26,600 shares vested and 9,491 shares were withheld for taxes, resulting in a net issuance of 17,109 shares.
Footnote F2
Each RSU represents a contingent right to receive one share of SPRB common stock.
Footnote F3
On December 5, 2022, the Reporting Person was granted 127,000 time-based restricted stock units ("RSUs"), subject to a 4-year vesting schedule, with 25% of the total number of RSUs vested on December 15, 2023 (the "Annual Vesting Date") and 25% of the total number of RSUs to vest in annual installments on each anniversary of the Annual Vesting Date thereafter, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2020 Equity Incentive Plan). On December 15, 2024, 31,750 RSUs vested, with 11,329 shares being withheld for taxes, resulting in a net issuance of 20,421 shares.
Footnote F4
Represents the aggregate balance of time-based RSUs.