Cureton Kevin's Form 4 filing
Solesence, Inc. (SLSN) · filed Sep 16, 2021
- Accession no.
- 0001209191-21-056457
- Filed
- Sep 16, 2021, 6:07 PM ET
- Trade date
- Sep 14-16, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 5 non-derivative transactions and 1 derivative transaction. Open-market sales total $59.2K. 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 |
|---|---|
| Cureton KevinCIK 0001563513 | Officer (Chief Operating Officer) |
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 |
|---|---|---|---|---|---|---|---|---|
| Sep 14, 2021 | Common Stock | MOption exerciseAcquired | +52,000 | $0.30 | +$15,600 | 52,000 | Direct | |
| Sep 14, 2021 | Common Stock | SSaleDisposed | −2,800 | $2.30 | −$6,440 | 49,200 | Direct | |
| Sep 15, 2021 | Common Stock | SSaleDisposed | −5,350 | $2.30 | −$12,305 | 43,850 | Direct | |
| Sep 16, 2021 | Common Stock | SSaleDisposed | −17,000 | $2.22 | −$37,740 | 26,850 | Direct | |
| Sep 16, 2021 | Common Stock | SSaleDisposed | −1,200 | $2.26 | −$2,712 | 25,650 | Direct |
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 |
|---|---|---|---|---|---|---|---|---|
| Sep 14, 2021 | Common Stock | MOption exerciseDisposed | −52,000 | $0.30 | −$15,600 | 0 | 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. Cureton has exercised shares from his November 28, 2012 option grant to avoid the risk of expiration. In light of the blackout requirements within the Company's Policy on Insider Trading, limited trading windows exist during which these transactions can be completed. Subsequent to exercise, he has sold the shares reported above in order to satisfy the costs of exercise and the required income tax withholdings.