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Anish Bhatnagar's Form 4 filing

Soleno Therapeutics IncSLNO · filed Mar 31, 2025

Accession no.
0001415889-25-009290
Filed
Mar 31, 2025
Trade date
Mar 27, 2025
Filing delay
4 days
Rule 10b5-1 plan
Not checked

This filing lists 18 non-derivative transactions and 6 derivative transactions. Open-market sales total $47.3M. It was filed 4 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
Anish BhatnagarCIK 0001614821Director, Officer (CHIEF EXECUTIVE OFFICER)

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
Mar 27, 2025Common StockSSaleDisposed−14,183$65.97F2−$935,652.51738,179Direct
Mar 27, 2025Common StockSSaleDisposed−23,095$66.79F4−$1,542,515.05715,084Direct
Mar 27, 2025Common StockSSaleDisposed−41,989$67.70F5−$2,842,655.3673,095Direct
Mar 27, 2025Common StockSSaleDisposed−55,234$68.79F6−$3,799,546.86617,861Direct
Mar 27, 2025Common StockSSaleDisposed−31,980$69.84F7−$2,233,483.2585,881Direct
Mar 27, 2025Common StockSSaleDisposed−3,291$70.73F8−$232,772.43582,590Direct
Mar 27, 2025Common StockSSaleDisposed−4,782$71.74F9−$343,060.68577,808Direct
Mar 27, 2025Common StockSSaleDisposed−732$72.64F10−$53,172.48577,076Direct
Mar 27, 2025Common StockMOption exerciseAcquired+26,606$24.00+$638,544603,682Direct
Mar 27, 2025Common StockMOption exerciseAcquired+16,666$25.05+$417,483.3620,348Direct
Mar 27, 2025Common StockMOption exerciseAcquired+105,000$33.60+$3,528,000725,348Direct
Mar 27, 2025Common StockMOption exerciseAcquired+32,193$5.10+$164,184.3757,541Direct
Mar 27, 2025Common StockMOption exerciseAcquired+62,291$2.41+$150,121.31819,832Direct
Mar 27, 2025Common StockMOption exerciseAcquired+281,053$5.25+$1,475,528.251,100,885Direct
Mar 27, 2025Common StockSSaleDisposed−106,471$65.81F11−$7,006,856.51994,414Direct
Mar 27, 2025Common StockSSaleDisposed−209,689$66.33F12−$13,908,671.37784,725Direct
Mar 27, 2025Common StockSSaleDisposed−8,423$67.37F13−$567,457.51776,302Direct
Mar 27, 2025Common StockSSaleDisposed−199,226$69.30−$13,806,361.8577,076Direct

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
Mar 27, 2025Common StockMOption exerciseDisposed−26,606$0.00$060Direct
Mar 27, 2025Common StockMOption exerciseDisposed−16,666$0.00$00Direct
Mar 27, 2025Common StockMOption exerciseDisposed−105,000$0.00$035,000Direct
Mar 27, 2025Common StockMOption exerciseDisposed−32,193$0.00$08,473Direct
Mar 27, 2025Common StockMOption exerciseDisposed−62,291$0.00$052,709Direct
Mar 27, 2025Common StockMOption exerciseDisposed−281,053$0.00$0200,753Direct

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

This transaction was executed in multiple trades at prices ranging from $65.15 to $66.145. The price reported above reflects the weighted average sale price. 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 sold at each separate sale price.

Referenced by the price of 1 transaction in Table I.

F4

This transaction was executed in multiple trades at prices ranging from $66.24 to $67.235. The price reported above reflects the weighted average sale price. 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 sold at each separate sale price.

Referenced by the price of 1 transaction in Table I.

F5

This transaction was executed in multiple trades at prices ranging from $67.24 to $68.235. The price reported above reflects the weighted average sale price. 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 sold at each separate sale price.

Referenced by the price of 1 transaction in Table I.

F6

This transaction was executed in multiple trades at prices ranging from $68.24 to $69.225. The price reported above reflects the weighted average sale price. 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 sold at each separate sale price.

Referenced by the price of 1 transaction in Table I.

F7

This transaction was executed in multiple trades at prices ranging from $69.24 to $70.235. The price reported above reflects the weighted average sale price. 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 sold at each separate sale price.

Referenced by the price of 1 transaction in Table I.

F8

This transaction was executed in multiple trades at prices ranging from $70.24 to $71.22. The price reported above reflects the weighted average sale price. 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 sold at each separate sale price.

Referenced by the price of 1 transaction in Table I.

F9

This transaction was executed in multiple trades at prices ranging from $71.26 to $72.22. The price reported above reflects the weighted average sale price. 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 sold at each separate sale price.

Referenced by the price of 1 transaction in Table I.

F10

This transaction was executed in multiple trades at prices ranging from $72.31 to $72.80. The price reported above reflects the weighted average sale price. 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 sold at each separate sale price.

Referenced by the price of 1 transaction in Table I.

F11

This transaction was executed in multiple trades at prices ranging from $65.045 to $66.04. The price reported above reflects the weighted average sale price. 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 sold at each separate sale price.

Referenced by the price of 1 transaction in Table I.

F12

This transaction was executed in multiple trades at prices ranging from $66.045 to $66.94. The price reported above reflects the weighted average sale price. 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 sold at each separate sale price.

Referenced by the price of 1 transaction in Table I.

F13

This transaction was executed in multiple trades at prices ranging from $67.095 to $67.50. The price reported above reflects the weighted average sale price. 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 sold at each separate sale price.

Referenced by the price of 1 transaction in Table I.

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