Henry Ji - Sep 29, 2021 Form 4 Insider Report for Sorrento Therapeutics, Inc. (SRNEQ)

Role
President, CEO and Chairman of the Board of Directors, Director
Signature
/s/ Henry Ji
Stock symbol
SRNEQ
Transactions as of
Sep 29, 2021
Transactions value $
$40,000
Form type
4
Date filed
9/29/2021, 02:35 PM
Previous filing
Aug 30, 2021
Next filing
Jun 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRNEQ Common Stock Options Exercise $40K +10K +0.49% $4.00* 2.06M Sep 29, 2021 Direct
holding SRNEQ Common Stock 2.27M Sep 29, 2021 See Footnote F1
holding SRNEQ Common Stock 40K Sep 29, 2021 By spouse

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 SRNEQ Non-qualified stock options Options Exercise $0 -10K -100% $0.00* 0 Sep 29, 2021 Common Stock 10K $4.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held in family trusts of which the Reporting Person is a co-trustee with his spouse.
F2 The option vested in four equal annual installments on January 1, 2013, January 1, 2014, January 1, 2015 and January 1, 2016, respectively.

Remarks:

President, CEO and Chairman of the Board of Directors