Hayes Christopher M. 4
4 · SPRUCE POWER HOLDING CORP · Filed Apr 16, 2024
Insider Transaction Report
Form 4
Hayes Christopher M.
DirectorPresident & CEO
Transactions
- Award
Common Stock
2024-04-12+88,636→ 142,730 total - Award
Stock Option (right to buy)
2024-04-12+295,229→ 295,229 totalExercise: $3.74Exp: 2034-04-12→ Common Stock (295,229 underlying)
Footnotes (2)
- [F1]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 12, 2025, April 12, 2026, April 12, 2027 and April 12, 2028.
- [F2]Subject to the reporting person's continued service through the vesting dates, options vest in 25% annual installments over a four year period beginning April 12, 2025.