4//SEC Filing
Gharib Samir M. 4
Accession 0001533302-25-000011
CIK 0001683553other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 4:58 PM ET
Size
14.9 KB
Accession
0001533302-25-000011
Insider Transaction Report
Form 4
Gharib Samir M.
PRESIDENT AND CFO
Transactions
- Exercise/Conversion
Common Stock
2025-12-15+496→ 8,112 total - Tax Payment
Common Stock
2025-12-15$80.67/sh−178$14,359→ 7,934 total - Exercise/Conversion
Common Stock
2025-12-15+513→ 8,447 total - Tax Payment
Common Stock
2025-12-15$80.67/sh−184$14,843→ 8,263 total - Exercise/Conversion
Restricted Stock Units
2025-12-15−496→ 497 totalExercise: $0.00→ Common Stock (496 underlying) - Exercise/Conversion
Restricted Stock Units
2025-12-15−513→ 1,027 totalExercise: $0.00→ Common Stock (513 underlying)
Footnotes (3)
- [F1]On December 5, 2022, the Reporting Person was granted 1,986 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, 2025, 496 RSUs vested, with 178 shares withheld for taxes, resulting in a net issuance of 318 shares.
- [F2]Each RSU represents a contingent right to receive one share of common stock of the Issuer.
- [F3]On December 14, 2023, the Reporting Person was granted a total of 4,106 RSUs. 50% or 2,053 of the total RSUs are performance-based and all vested on December 10, 2024. An addition of 50% or 2,053 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, 2025, 513 shares vested and 184 shares were withheld for taxes, resulting in a net issuance of 329 shares.
Documents
Issuer
SPRUCE BIOSCIENCES, INC.
CIK 0001683553
Entity typeother
Related Parties
1- filerCIK 0001533302
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 4:58 PM ET
- Size
- 14.9 KB