March 14, 2024 · Form 4 insider transaction
Charlton Ralph William III bought 106,400 shares of SPRUCE BIOSCIENCES, INC. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of SPRB common stock.; Subject to the Reporting Person's Continuous Service as of each such vesting date, 25% of the total number of RSUs vests upon each of the first, second, third and fourth anniversaries of the achievement of a specified clinical development objective.