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Janda Kim's Form 4 filing

Sorrento Therapeutics, Inc. (SRNE) · filed Sep 28, 2021

Accession no.
0001209191-21-057957
Filed
Sep 28, 2021
Trade date
Sep 27, 2021
Filing delay
1 day
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 3 non-derivative transactions and 2 derivative transactions. Open-market sales total $339.7K. It was filed 1 day 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.

Reporting owners on this filing
OwnerRelationship to the company
Janda KimCIK 0001518466Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Sep 27, 2021Common StockMOption exerciseAcquired+35,000$1.80+$63,00038,000Direct
Sep 27, 2021Common StockMOption exerciseAcquired+7,357$3.57+$26,264.4945,357Direct
Sep 27, 2021Common StockSSaleDisposed−42,357$8.02F2−$339,703.143,000Direct

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Sep 27, 2021Common StockMOption exerciseDisposed−35,000$0.00$00Direct
Sep 27, 2021Common StockMOption exerciseDisposed−7,357$0.00$027,643Direct

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.

F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.03, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer full information regarding the number of shares purchased or sold at each separate price.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)