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

Role
Chief Executive Officer, Director
Signature
/s/ Anish Bhatnagar
Stock symbol
SLNO
Transactions as of
Dec 11, 2023
Transactions value $
-$3,331,701
Form type
4
Date filed
12/13/2023, 09:34 PM
Previous filing
Dec 4, 2023
Next filing
Jan 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLNO Common Stock Sale -$1.81M -51.2K -43.5% $35.26 66.5K Dec 11, 2023 Direct F1, F2
transaction SLNO Common Stock Sale -$1.27M -35.3K -53.04% $36.00 31.2K Dec 11, 2023 Direct F2, F3
transaction SLNO Common Stock Sale -$256K -6.93K -22.19% $37.01 24.3K Dec 11, 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.