Jaisim Shah - 14 Jun 2024 Form 4 Insider Report for Scilex Holding Co (SCLX)

Role
Chief Executive Officer and President, Director
Signature
/s/ Jaisim Shah
Issuer symbol
SCLX
Transactions as of
14 Jun 2024
Net transactions value
+$47,000
Form type
4
Filing time
14 Jun 2024, 16:02:58 UTC
Previous filing
17 May 2024
Next filing
20 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCLX Common Stock Options Exercise $47,000 +33,333 $1.41 33,333 14 Jun 2024 Direct F1
holding SCLX Common Stock 155,882 14 Jun 2024 See Footnote F2

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
transaction SCLX Nonstatutory Stock Option (right to buy) Options Exercise $0 -33,333 -17% $0.000000 166,667 14 Jun 2024 Common Stock 33,333 $1.41 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/48th of the number of shares subject to the option vested and shall vest on a monthly basis following the grant date, which was October 4, 2023, subject to the Reporting Person's continued service to the Issuer through each such vesting date.
F2 Shares are held in a family trust of which the Reporting Person is a co-trustee with his spouse.

Remarks:

Chief Executive Officer and President