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Sinclair Michael's Form 4 filing

Opiant Pharmaceuticals, Inc. (OPNT) · filed Aug 25, 2021

Accession no.
0001385508-21-000119
Filed
Aug 25, 2021
Trade date
Aug 23-25, 2021
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 6 non-derivative transactions and 3 derivative transactions. Open-market sales total $2.36M. 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.

Reporting owners on this filing
OwnerRelationship to the company
Sinclair MichaelCIK 0001551246Director, 10% Owner

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
Aug 23, 2021Common Stock, par value $0.001 per shareMOption exerciseAcquired+65,124$5.00+$325,620209,194Direct
Aug 23, 2021Common Stock, par value $0.001 per shareSSaleDisposed−65,124$16.50F1−$1,074,546144,070Direct
Aug 24, 2021Common Stock, par value $0.001 per shareMOption exerciseAcquired+34,607$5.00+$173,035178,677Direct
Aug 24, 2021Common Stock, par value $0.001 per shareSSaleDisposed−34,607$15.71F2−$543,675.97144,070Direct
Aug 25, 2021Common Stock, par value $0.001 per shareMOption exerciseAcquired+50,269$5.00+$251,345194,339Direct
Aug 25, 2021Common Stock, par value $0.001 per shareSSaleDisposed−50,269$14.69F3−$738,451.61144,070Direct

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
Aug 23, 2021Common Stock, par value $0.001 per shareMOption exerciseDisposed−65,124$0.00$084,876Direct
Aug 24, 2021Common Stock, par value $0.001 per shareMOption exerciseDisposed−34,607$0.00$050,269Direct
Aug 25, 2021Common Stock, par value $0.001 per shareMOption exerciseDisposed−50,269$0.00$00Direct

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.

F1

This transaction was executed in multiple trades at prices ranging from $16.00 to $17.25. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Referenced by the price of 1 transaction in Table I.

F2

This transaction was executed in multiple trades at prices ranging from $15.50 to $16.62. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Referenced by the price of 1 transaction in Table I.

F3

This transaction was executed in multiple trades at prices ranging from $13.80 to $15.48. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Referenced by the price of 1 transaction in Table I.

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