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5//SEC Filing

SCIFRES DONALD R 5

Accession 0001181431-12-001795

CIK 0000850261other

Filed

Jan 5, 7:00 PM ET

Accepted

Jan 6, 6:20 PM ET

Size

6.8 KB

Accession

0001181431-12-001795

Insider Transaction Report

Form 5
Period: 2011-12-31
Transactions
  • Purchase

    Common Stock

    2011-12-29$0.16/sh+12,500,000$2,000,00048,658,594 total(indirect: see footnote)
Holdings
  • Common Stock

    (indirect: see footnote)
    36,158,594
Footnotes (6)
  • [F1]In December 2010, The Donald R. Scifres 2010 Annuity Trust V purchased 25,000,000 shares of common stock for an aggregate price of $3,500,000. This transaction should have previously been reported on Form 3.
  • [F2]All shares are owned by two family trusts both of which the Reporting Person is Trustee and SDL Ventures, LLC in which the Reporting Person has a controlling interest.
  • [F3]In December 2011, The Donald R. Scifres 2011 Annuity Trust Y purchased 12,500,000 shares of common stock for an aggregate price of $2,000,000. This transaction should have previously been reported on Form 4.
  • [F4]All shares are owned by three family trusts all of which the Reporting Person is Trustee and SDL Ventures, LLC in which the Reporting Person has a controlling interest.
  • [F5]Shares beneficially owned by the Reporting Person as of 12/31/10.
  • [F6]Shares beneficially owned by the Reporting Person as of 12/31/11.

Issuer

Sorrento Therapeutics, Inc.

CIK 0000850261

Entity typeother

Related Parties

1
  • filerCIK 0001008155

Filing Metadata

Form type
5
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 6:20 PM ET
Size
6.8 KB