Braden M. Leonard - 21 Nov 2022 Form 4 Insider Report for Satsuma Pharmaceuticals, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
23 Nov 2022, 08:38:16 UTC
Prior SEC filing
18 Nov 2022
Next SEC filing
25 Nov 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Braden Michael Leonard

Key filing fact

Braden M. Leonard filed Form 4 for Satsuma Pharmaceuticals, Inc. on 23 Nov 2022.

Key facts

  • This page summarizes Braden M. Leonard's Form 4 filing for Satsuma Pharmaceuticals, Inc..
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 23 Nov 2022, 08:38.

Change

  • Previous filing in this sequence was filed on 18 Nov 2022.
  • Current net transaction value: +$106,740.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

STSA transaction

Common Stock

Purchase

Transaction value
$106,740
Shares
+150,000
Change %
Price
$0.7116
Shares after
150,000
Date
21 Nov 2022
Ownership
Direct
Footnotes
F2
STSA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,440,000
Date
21 Nov 2022
Ownership
Holding of BML Investment Partners, L.P.
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

BML Capital Management, LLC ("BML Capital") serves as the general partner of BML Investment Partners, L.P., a Delaware limited partnership (the "Fund"), which is the direct owner of the subject shares. Mr. Leonard is the managing member of BML Capital, and exercises investment and voting control over the subject shares. Accordingly, shares owned directly by the Fund may be regarded as being beneficially owned by Mr. Leonard. Notwithstanding, Mr. Leonard disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein

Footnote F2

The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $0.70 to $0.73. Full information regarding the number of shares purchased at each separate price can be furnished to the SEC staff upon request.

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