Home/Filings/4/0001415889-25-009295
4//SEC Filing

Mackaness James H 4

Accession 0001415889-25-009295

CIK 0001484565other

Filed

Mar 30, 8:00 PM ET

Accepted

Mar 31, 7:20 PM ET

Size

45.4 KB

Accession

0001415889-25-009295

Insider Transaction Report

Form 4
Period: 2025-03-27
Mackaness James H
CHIEF FINANCIAL OFFICER
Transactions
  • Sale

    Common Stock

    2025-03-27$65.97/sh1,669$110,102124,129 total
  • Sale

    Common Stock

    2025-03-27$67.70/sh4,940$334,441116,472 total
  • Sale

    Common Stock

    2025-03-27$70.73/sh387$27,374105,825 total
  • Sale

    Common Stock

    2025-03-27$70.80/sh8,044$569,494105,176 total
  • Exercise/Conversion

    Employee stock option (right to buy)

    2025-03-275,0000 total
    Exercise: $2.60Exp: 2032-07-27Common Stock (5,000 underlying)
  • Exercise/Conversion

    Employee stock option (right to buy)

    2025-03-2715,00015,000 total
    Exercise: $2.41Exp: 2033-01-25Common Stock (15,000 underlying)
  • Sale

    Common Stock

    2025-03-27$69.84/sh3,762$262,727106,212 total
  • Exercise/Conversion

    Common Stock

    2025-03-27$2.60/sh+5,000$12,975140,176 total
  • Exercise/Conversion

    Common Stock

    2025-03-27$5.10/sh+10,000$51,000135,176 total
  • Sale

    Common Stock

    2025-03-27$71.74/sh563$40,391105,262 total
  • Exercise/Conversion

    Common Stock

    2025-03-27$30.75/sh+20,000$615,000125,176 total
  • Sale

    Common Stock

    2025-03-27$72.64/sh86$6,247105,176 total
  • Exercise/Conversion

    Common Stock

    2025-03-27$2.41/sh+15,000$36,150155,176 total
  • Exercise/Conversion

    Common Stock

    2025-03-27$5.25/sh+20,000$105,000175,176 total
  • Exercise/Conversion

    Employee stock option (right to buy)

    2025-03-2720,00067,251 total
    Exercise: $5.25Exp: 2033-05-26Common Stock (20,000 underlying)
  • Sale

    Common Stock

    2025-03-27$68.79/sh6,498$446,985109,974 total
  • Sale

    Common Stock

    2025-03-27$69.07/sh25,799$1,782,022149,377 total
  • Sale

    Common Stock

    2025-03-27$70.03/sh36,157$2,531,919113,220 total
  • Exercise/Conversion

    Employee stock option (right to buy)

    2025-03-2720,0000 total
    Exercise: $30.75Exp: 2030-11-16Common Stock (20,000 underlying)
  • Exercise/Conversion

    Employee stock option (right to buy)

    2025-03-2710,0003,000 total
    Exercise: $5.10Exp: 2032-01-28Common Stock (10,000 underlying)
  • Sale

    Common Stock

    2025-03-27$66.79/sh2,717$181,473121,412 total
Footnotes (17)
  • [F1]These shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").
  • [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.
  • [F11]This transaction was executed in multiple trades at prices ranging from $68.48 to $69.475. 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.
  • [F12]This transaction was executed in multiple trades at prices ranging from $69.48 to $70.47. 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.
  • [F13]This transaction was executed in multiple trades at prices ranging from $70.49 to $71.175. 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.
  • [F14]All of the shares subject to this option are fully vested and exercisable as of the date hereof.
  • [F15]One forty-eighth (1/48th) of the shares subject to the Option shall vest on the first month anniversary of January 1, 2022 (the "Vesting Commencement Date"), and one forty-eighth (1/48th) of the total number of shares subject to the Option shall vest each month thereafter on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month), such that all of the shares subject to the Option will have vested as of the fourth anniversary of the Vesting Commencement Date, subject to the Reporting Person continuing to be a Service Provider through each such date.
  • [F16]One forty-eighth of the shares subject to the option vest on February 1, 2023 and each one-month anniversary thereafter, subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2014 Equity Incentive Plan) through each such date.
  • [F17]One thirty-sixth of the shares subject to the Option vest on June 26, 2023 and each one-month anniversary thereafter, subject to the Reporting Person continuing to be a Service Provider through each such date.
  • [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.
  • [F3]Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
  • [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.
  • [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.
  • [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.
  • [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.
  • [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.
  • [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.

Issuer

SOLENO THERAPEUTICS INC

CIK 0001484565

Entity typeother

Related Parties

1
  • filerCIK 0001422484

Filing Metadata

Form type
4
Filed
Mar 30, 8:00 PM ET
Accepted
Mar 31, 7:20 PM ET
Size
45.4 KB