Danika R. Harrison - 16 Dec 2021 Form 4 Insider Report for Soliton, Inc.

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
17 Dec 2021, 16:07:54 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Danika R. Harrison

Key filing fact

Danika R. Harrison filed Form 4 for Soliton, Inc. on 17 Dec 2021.

Key facts

  • This page summarizes Danika R. Harrison's Form 4 filing for Soliton, Inc..
  • 3 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 17 Dec 2021, 16:07.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • 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.

SOLY transaction Derivative

Stock option (right to buy)

Disposed to Issuer

Transaction value
Shares
-30,000
Change %
-100%
Price
Shares after
0
Date
16 Dec 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
30,000
Exercise price
$1.75
Footnotes
F1
SOLY transaction Derivative

Stock option (right to buy)

Disposed to Issuer

Transaction value
Shares
-15,000
Change %
-100%
Price
Shares after
0
Date
16 Dec 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
15,000
Exercise price
$14.62
Footnotes
F1
SOLY transaction Derivative

Stock option (right to buy)

Disposed to Issuer

Transaction value
Shares
-15,000
Change %
-100%
Price
Shares after
0
Date
16 Dec 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
15,000
Exercise price
$12.94
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 1 footnote

Footnote F1

Pursuant to the Agreement and Plan of Merger, dated as of May 8, 2021 (the "Merger Agreement"), by and among Soliton, Inc. (the "Company"), AbbVie Inc. ("AbbVie") and Scout Merger Sub, Inc., a wholly owned subsidiary of AbbVie ("Merger Sub"), immediately prior to the effective time of the merger of Merger Sub with and into the Company (the "Merger"), each outstanding and unexercised option, whether vested or unvested, was converted into the right to receive a cash payment, without interest and subject to deduction for any required withholding under applicable law, in an amount equal to $22.60 (the "Merger Consideration") minus the exercise price that would be due in cash upon exercise of such option.

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