GHARIB SAMIR M. (Chief Financial Officer) exercised options at SPRUCE BIOSCIENCES, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
Common Stock
Shares
+75K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−23.21K
Price / share
$1.66
Trade value
$38.53K
% of position
Common Stock
Shares
+37.25K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−12.88K
Price / share
$1.66
Trade value
$21.38K
% of position
Net shares
+76.16K
Net value
-$59.92K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 12/15/2023 | M · Option Exercise | +75K | — | — | 65.0% | 115.37K | 190.37K |
| Common Stock Direct | 12/15/2023 | F · Tax Withholding | −23.21K | $1.66 | $38.53K | 12.2% | 190.37K | 167.15K |
| Common Stock Direct | 12/15/2023 | M · Option Exercise | +37.25K | — | — | 22.3% | 167.15K | 204.40K |
| Common Stock Direct | 12/15/2023 | F · Tax Withholding | −12.88K | $1.66 | $21.38K | 6.3% | 204.40K | 191.52K |
| Total | +76.16K | -$59.92K | ||||||
Restricted Stock Units
Common Stock
308K shares
Shares
+308K
Strike price
0.00
Held after
308K
Exercisable
—
Restricted Stock Units
Common Stock
75K shares
Shares
−75K
Strike price
0.00
Held after
75K
Exercisable
—
Restricted Stock Units
Common Stock
37.25K shares
Shares
−37.25K
Strike price
0.00
Held after
111.75K
Exercisable
—
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock308K shares | 12/14/2023 | A · Award | +308K | 0.00 | — | 308K |
| Restricted Stock Units Direct | Common Stock75K shares | 12/15/2023 | M · Option Exercise | −75K | 0.00 | — | 75K |
| Restricted Stock Units Direct | Common Stock37.25K shares | 12/15/2023 | M · Option Exercise | −37.25K | 0.00 | — | 111.75K |