Jaisim Shah - Jun 20, 2024 Form 4 Insider Report for Scilex Holding Co (SCLX)

Role
Chief Executive Officer and President, Director
Signature
/s/ Jaisim Shah
Stock symbol
SCLX
Transactions as of
Jun 20, 2024
Transactions value $
$24,220
Form type
4
Date filed
6/20/2024, 04:43 PM
Previous filing
Jun 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCLX Common Stock Options Exercise $24.2K +14K +42% $1.73 47.3K Jun 20, 2024 Direct F1
holding SCLX Common Stock 156K Jun 20, 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 -14K -0.18% $0.00 7.88M Jun 20, 2024 Common Stock 14K $1.73 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/4th of the original number of shares subject to the option vested on March 18, 2020, and 1/36th of the remaining number of shares subject to the option 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 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