4//SEC Filing
Ji Henry 4
Accession 0000950170-24-119394
CIK 0001820190other
Filed
Oct 30, 8:00 PM ET
Accepted
Oct 31, 12:44 PM ET
Size
9.0 KB
Accession
0000950170-24-119394
Insider Transaction Report
Form 4
Ji Henry
DirectorCEO and President
Transactions
- Purchase
Common Stock
2024-10-31$0.94/sh+8,888$8,351→ 320,161 total
Holdings
- 60,070(indirect: By BioVintage, Inc.)
Common Stock
- 2,749(indirect: By BioVintage, Inc.)
Common Stock
- 292,264(indirect: See Footnote)
Common Stock
- 5,640(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]Open market purchase by the reporting person of 8,888 shares of common stock, par value $0.0001 per share (the "Common Stock").
- [F2]On December 30, 2022, the Board of Directors of Sorrento Therapeutics, Inc. ("Sorrento") declared a stock dividend (the "Dividend") to all holders of record of its common stock as of the close of business on January 9, 2023, of 0.1410127 of a share of Common Stock for each one share of common stock, par value $0.0001 per share, of Sorrento ("Sorrento Common Stock"). The Reporting Person wrote a put option in Sorrento Common Stock on August 26, 2022 (the "Put Option"), which was adjusted as a result of the Stock Dividend to relate to an aggregate of 19,500 shares of Sorrento Common Stock and 2,749 shares of Common Stock and to reflect a corresponding change to the exercise price of the Put Option to $0.80268 per share of Sorrento Common Stock and $8.6002 per share of Common Stock.
- [F3]The Put Option settled on March 17, 2023 and resulted in the Reporting Person becoming entitled to receive 2,749 shares of Common Stock at a price of $8.6002 per share of Common Stock, upon the expiration of the lock-up on such shares which is currently set to expire on January 31, 2025.
- [F4]Shares are held in family trusts of which the Reporting Person is a co-trustee with his spouse.
Documents
Issuer
Scilex Holding Co
CIK 0001820190
Entity typeother
Related Parties
1- filerCIK 0001470981
Filing Metadata
- Form type
- 4
- Filed
- Oct 30, 8:00 PM ET
- Accepted
- Oct 31, 12:44 PM ET
- Size
- 9.0 KB