Andrew Sinclair - 26 Aug 2022 Form 4 Insider Report for SOLENO THERAPEUTICS INC (SLNO)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
14 Oct 2022, 19:25:50 UTC
Prior SEC filing
01 Jul 2022
Next SEC filing
26 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Anish Bhatnagar, Attorney-in-Fact

Key filing fact

Andrew Sinclair filed Form 4 for SOLENO THERAPEUTICS INC (SLNO) on 14 Oct 2022.

Key facts

  • This page summarizes Andrew Sinclair's Form 4 filing for SOLENO THERAPEUTICS INC (SLNO).
  • 0 reported transactions and 6 derivative rows are listed below.
  • Accepted by SEC: 14 Oct 2022, 19:25.

Change

  • Previous filing in this sequence was filed on 01 Jul 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SLNO holding Derivative

Stock option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,333
Date
26 Aug 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,333
Exercise price
$23.55
Footnotes
F1, F2
SLNO holding Derivative

Stock option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
823
Date
26 Aug 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
823
Exercise price
$39.45
Footnotes
F1, F3
SLNO holding Derivative

Stock option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
635
Date
26 Aug 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
635
Exercise price
$51.15
Footnotes
F1, F3
SLNO holding Derivative

Stock option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,666
Date
26 Aug 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,666
Exercise price
$33.60
Footnotes
F1, F3
SLNO holding Derivative

Stock option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,124
Date
26 Aug 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,124
Exercise price
$15.30
Footnotes
F1, F3
SLNO holding Derivative

Stock option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,666
Date
26 Aug 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,666
Exercise price
$2.55
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

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.

Footnote F2

One forty-eighth (1/48th) of the shares subject to the Option shall vest on the first month anniversary of December 21, 2018 (the "Vesting Commencement Date"), and one forty-eighth (1/48th) of the total number of shares subject to the Option shall vest each month thereafter on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month), such that all of the shares subject to the Option will have vested as of the fourth anniversary of the Vesting Commencement Date, subject to Reporting Person continuing to be a Service Provider through each such date.

Footnote F3

All of the shares subject to this option are fully vested and exercisable as of the date hereof.

Footnote F4

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.

SEC remarks

The Reporting Person is no longer deemed to share an indirect pecuniary interest in the securities held by Abingworth Bioventures VII, LP and therefore no longer reports those securities on his Section 16 reports.

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