First Light Asset Management, LLC's Form 4 filing
Societal CDMO, Inc. (SCTL) · filed Aug 25, 2023
- Accession no.
- 0000929638-23-002356
- Filed
- Aug 25, 2023, 4:25 PM ET
- Trade date
- Aug 23-24, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 1 non-derivative transaction and 2 derivative transactions. Open-market purchases total $2.50M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| First Light Asset Management, LLCCIK 0001600004 | Director, 10% Owner |
| Arens Mathew PaulCIK 0001991162 | Director, 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 24, 2023 | Common Stock | PPurchaseAcquired | +6,250,000 | $0.40 | +$2,500,000 | 19,676,396 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 23, 2023 | Common Stock | AGrant or awardAcquired | +20,000 | $0.00 | $0 | 20,000 | Direct | |
| Aug 24, 2023 | Common Stock | PPurchaseAcquired | +125,000 | $0.3999 | +$499,875 | 125,000 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
No transaction price on this filing refers to a footnote.
Remarks
Mr. Arens, a director of the Issuer.