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

Role: President, CEO and Chairman of the Board of Directors, Director
Signature: /s/ Henry Ji
Issuer symbol: N/A
Transactions as of: 29 Sep 2021
Net transactions value: +$40,000
Form type: 4
Filing time: 29 Sep 2021, 14:35:02 UTC
Previous filing: 30 Aug 2021
Next filing: 14 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SRNEQ	Common Stock	Options Exercise	$40,000	+10,000	+0.49%	$4.00^*	2,055,807	29 Sep 2021	Direct
holding	SRNEQ	Common Stock						2,271,693	29 Sep 2021	See Footnote	F1
holding	SRNEQ	Common Stock						40,000	29 Sep 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	-10,000	-100%	$0.000000^*	0	29 Sep 2021	Common Stock	10,000	$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