ERNEST MARIO - 26 Aug 2022 Form 4 Insider Report for SOLENO THERAPEUTICS INC (SLNO)

Role
Director
Signature
/s/ Anish Bhatnagar, Attorney-in-Fact
Issuer symbol
SLNO
Transactions as of
26 Aug 2022
Net transactions value
$0
Form type
4
Filing time
14 Oct 2022, 18:50:10 UTC
Previous filing
14 Oct 2022
Next filing
26 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SLNO Common Stock 157,542 26 Aug 2022 Direct F1
holding SLNO Common Stock 62,000 26 Aug 2022 See footnote F1, F2
holding SLNO Common Stock 20,752 26 Aug 2022 See footnote F1, F3

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 SLNO Stock option (right to buy) 663 26 Aug 2022 Common Stock 663 $535.50 Direct F4, F5
holding SLNO Stock option (right to buy) 93 26 Aug 2022 Common Stock 93 $535.50 Direct F4, F5
holding SLNO Stock option (right to buy) 66 26 Aug 2022 Common Stock 66 $135.00 Direct F4, F5
holding SLNO Stock option (right to buy) 66 26 Aug 2022 Common Stock 66 $349.50 Direct F4, F5
holding SLNO Stock option (right to buy) 361 26 Aug 2022 Common Stock 361 $90.00 Direct F4, F5
holding SLNO Stock option (right to buy) 601 26 Aug 2022 Common Stock 601 $54.00 Direct F4, F5
holding SLNO Stock option (right to buy) 1,062 26 Aug 2022 Common Stock 1,062 $30.60 Direct F5, F6
holding SLNO Stock option (right to buy) 823 26 Aug 2022 Common Stock 823 $39.45 Direct F5, F6
holding SLNO Stock option (right to buy) 635 26 Aug 2022 Common Stock 635 $51.15 Direct F5, F6
holding SLNO Stock option (right to buy) 2,666 26 Aug 2022 Common Stock 2,666 $33.60 Direct F5, F6
holding SLNO Stock option (right to buy) 2,124 26 Aug 2022 Common Stock 2,124 $15.30 Direct F5, F6
holding SLNO Stock option (right to buy) 2,666 26 Aug 2022 Common Stock 2,666 $2.55 Direct F6, F7
holding SLNO Warrant (right to buy) 62,000 26 Aug 2022 Common Stock 62,000 $4.50 Direct F8
holding SLNO Warrant (right to buy) 62,000 26 Aug 2022 Common Stock 62,000 $4.50 See footnote F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of shares beneficially owned reflects the 1-for-15 reverse stock split effected August 26, 2022.
F2 The securities are held by Mario 1998 Irrevocable Trust, of which the Reporting Person is the ultimate beneficiary.
F3 The shares are held by Martha Mario Nonelective Trust.
F4 The per share exercise price and number of shares subject to the option reflect the 1-for-5 reverse stock split effected October 15, 2017 and the 1-for-15 reverse stock split effected August 26, 2022.
F5 All of the shares subject to this option are fully vested and exercisable as of the date hereof.
F6 The per share exercise price and number of shares subject to the option reflect the 1-for-15 reverse stock split effected August 26, 2022.
F7 The shares subject to the Option shall vest on the earlier of the twelve-month anniversary of June 1, 2022 or the day before the next annual stockholder meeting, subject to Reporting Person continuing to be a Service Provider through each such date.
F8 The per share exercise price and number of shares subject to the warrant reflect the 1-for-15 reverse stock split effected August 26, 2022.