SPRUCE BIOSCIENCES, INC. — Director's Dealing 2020

Oct 9, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SPRUCE BIOSCIENCES, INC. (SPRB)
CIK: 0001683553
Period of Report: 2020-10-08

Reporting Person: Gharib Samir M. (Chief Financial Officer)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$1.64	2030-06-07	Common Stock (118483)		Direct
Stock Option (Right to Buy)	$3.07	2030-08-06	Common Stock (71548)		Direct

Footnotes

F1: The shares subject to the stock option are early exercisable, subject to the Issuer's right of repurchase, and vest over a four-year period commencing May 1, 2020, with 1/4th of the shares vesting on May 1, 2021 and 1/36th of the remaining shares vesting on a monthly basis.

F2: The shares subject to the stock option are early exercisable, subject to the Issuer's right of repurchase, and vest over a four-year period commencing August 7,2020, with 1/48th of the shares vesting on a monthly basis.