4//SEC Filing
HANSSON JONAS 4
Accession 0001209191-20-055011
CIK 0001683553other
Filed
Oct 15, 8:00 PM ET
Accepted
Oct 16, 12:07 PM ET
Size
12.9 KB
Accession
0001209191-20-055011
Insider Transaction Report
Form 4
HANSSON JONAS
Director
Transactions
- Conversion
Common Stock
2020-10-14+1,783,621→ 1,783,621 total(indirect: See Footnotes) - Conversion
Series B Preferred Stock
2020-10-14−11,666,666→ 0 total(indirect: See Footnotes)→ Common Stock (1,783,621 underlying) - Purchase
Common Stock
2020-10-14$15.00/sh+250,000$3,750,000→ 2,033,621 total(indirect: See Footnotes)
Footnotes (3)
- [F1]Each share of Series B Preferred Stock automatically converted into 0.152881822351322 shares of the Issuer's common stock upon the closing of the Issuer's initial public offering on October 14, 2020 (on an adjusted basis, after giving effect to the 1-for-6.541 reverse stock split of the common stock effected by the Issuer on October 2, 2020). The shares have no expiration date.
- [F2]The shares are directly held by HealthCap VIII, L.P. ("HCLP"). HealthCap VIII GP SA ("HCSA") is the sole general partner of HCLP and has voting and investment control over such shares held by HCLP. Jonas Hansson, a Director of the Issuer, has an indirect interest in HCSA and is an employee of HealthCap VIII Advisor AB. Each of the General Partner and Mr. Hansson disclaims beneficial ownership of such securities, except to the extent of his/its indirect pecuniary interest therein, and this report shall not be deemed an admission that the General Partner or Mr. Hansson is the beneficial owner of such shares.
- [F3]The shares were purchased in the Issuer's initial public offering.
Issuer
SPRUCE BIOSCIENCES, INC.
CIK 0001683553
Entity typeother
Related Parties
1- filerCIK 0001822555
Filing Metadata
- Form type
- 4
- Filed
- Oct 15, 8:00 PM ET
- Accepted
- Oct 16, 12:07 PM ET
- Size
- 12.9 KB