Stephen Hoi Ma - 22 Sep 2023 Form 3 Insider Report for Scilex Holding Co (SCLX)

Role
Chief Financial Officer
Signature
/s/ Jaisim Shah, as Attorney-in-Fact
Issuer symbol
SCLX
Transactions as of
22 Sep 2023
Net transactions value
$0
Form type
3
Filing time
25 Sep 2023, 18:51:48 UTC
Next filing
05 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SCLX Common Stock 467,861 22 Sep 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SCLX Incentive Stock Option (right to buy) 22 Sep 2023 Common Stock 67,349 $1.73 Direct F1
holding SCLX Nonstatutory Stock Option (right to buy) 22 Sep 2023 Common Stock 50,512 $1.73 Direct F1
holding SCLX Incentive Stock Option (right to buy) 22 Sep 2023 Common Stock 55,894 $8.08 Direct F2
holding SCLX Nonstatutory Stock Option (right to buy) 22 Sep 2023 Common Stock 294,106 $8.08 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the original number of shares subject to the option vested on the one year anniversary of the grant date, and 1/36th of the remaining number of shares subject to the option have vested and shall vest on a monthly basis thereafter, subject to the Reporting Person's continued service to the Issuer through each such vesting date.
F2 1/48th of the shares subject to the option have vested and shall vest on a monthly basis following the grant date, subject to the Reporting Person's continued service to the Issuer through each such vesting date.

Remarks:

Exhibit 24 - Power of Attorney