5/A//SEC Filing
SCIFRES DONALD R 5/A
Accession 0001181431-12-007518
CIK 0000850261other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 7:28 PM ET
Size
7.9 KB
Accession
0001181431-12-007518
Insider Transaction Report
Form 5/AAmended
SCIFRES DONALD R
10% Owner
Transactions
- Purchase
Common Stock
2011-12-29$0.16/sh+12,500,000$2,000,000→ 38,844,714 total(indirect: see footnote) - Gift
Common Stock
2011-08-28−9,813,880→ 26,344,714 total(indirect: see footnote)
Footnotes (6)
- [F1]In August 2011, Donald R. Scifres 2009 Annuity Trust L gifted 9,813,880 shares to a trust for the benefit of Mr. Scifres' children (the "Children's Trust"). Mr. Scifres has no voting or dispositive power with respect to, and disclaims any beneficial ownership of, any of the foregoing shares held by the Children's Trust. This line item is being added to report the foregoing gift which had not previously been reported on the Form 5 filed on 1/16/12.
- [F2]Shares beneficially owned by the Reporting Person as of 8/28/11.
- [F3]All shares are owned by a family trust of which the Reporting Person is Trustee, and SDL Ventures, LLC, in which the Reporting Person has a controlling interest.
- [F4]In December 2011, 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.
- [F5]Shares beneficially owned by the Reporting Person as of 12/31/11. This line item is has been amended to exclude 9,813,880 shares gifted to the Children's Trust in August 2011.
- [F6]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.
Documents
Issuer
Sorrento Therapeutics, Inc.
CIK 0000850261
Entity typeother
Related Parties
1- filerCIK 0001008155
Filing Metadata
- Form type
- 5/A
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 7:28 PM ET
- Size
- 7.9 KB