Anish Bhatnagar - 11 Dec 2023 Form 4 Insider Report for SOLENO THERAPEUTICS INC (SLNO)

Role
Chief Executive Officer, Director
Signature
/s/ Anish Bhatnagar
Issuer symbol
SLNO
Transactions as of
11 Dec 2023
Net transactions value
-$3,331,701
Form type
4
Filing time
13 Dec 2023, 21:34:54 UTC
Previous filing
04 Dec 2023
Next filing
08 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLNO Common Stock Sale $1,805,478 -51,205 -44% $35.26 66,500 11 Dec 2023 Direct F1, F2
transaction SLNO Common Stock Sale $1,269,729 -35,272 -53% $36.00 31,228 11 Dec 2023 Direct F2, F3
transaction SLNO Common Stock Sale $256,495 -6,931 -22% $37.01 24,297 11 Dec 2023 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $34.82 to $35.78. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F2 Certain of these securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
F3 This transaction was executed in multiple trades at prices ranging from $35.825 to $36.79. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F4 This transaction was executed in multiple trades at prices ranging from $36.94 to $37.17. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.