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Filing Details

Accession Number:: 0001213900-14-008549
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-11-24 14:55:48
Reporting Period:: 2014-11-14

Filing Date:: 2014-11-24
Accepted Time:: 2014-11-24 14:55:48
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1438533	Retrophin Inc.	RTRX	Pharmaceutical Preparations (2834)	262383102

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1525354	Martin Shkreli	101 Avenue Of The Americas, 9Th Floor New York NY 10013		No	No	No	Yes

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2014-11-14	100,000	$10.23	2,837,168	No	4	S	Direct
Common Stock	Disposition	2014-11-17	100,000	$9.41	2,737,168	No	4	S	Direct
Common Stock	Disposition	2014-11-18	254,975	$9.19	2,482,193	No	4	S	Direct
Common Stock	Disposition	2014-11-19	329,824	$8.54	2,152,369	No	4	S	Direct
Common Stock	Disposition	2014-11-20	134,354	$8.23	2,018,015	No	4	S	Direct
Common Stock	Disposition	2014-11-21	252,847	$8.41	1,765,168	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Prepaid Forward Contract (obligation to sell)	Acquisiton	2014-09-09	123,000	$0.00	123,000	$0.00
Common Stock	Prepaid Forward Contract (obligation to sell)	Acquisiton	2014-09-12	205,000	$0.00	205,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
123,000	2016-09-12	2016-09-14	Yes	4	J	Direct
205,000	2016-09-15	2016-09-21	Yes	4	J	Direct

Footnotes

On September 9, 2014, the reporting person entered into a prepaid forward contract with an unaffiliated third party buyer. The contract obligates the reporting person to deliver to the buyer, at the reporting person's option, up to 123,000 shares of common stock, par value $0.0001 per share ("Common Stock"), of Retrophin, Inc., cash or a combination thereof on the maturity date of the contract (September 14, 2016). In exchange for assuming this obligation, the reporting person received a cash payment of $1,069,166 as of the date of entering into the contract. The reporting person pledged 123,000 shares of Common Stock (the "September 9 Pledged Shares") to secure his obligations under such contract and retained voting rights in the September 9 Pledged Shares during the term of the pledge.
On September 12, 2014, the reporting person entered into a prepaid forward contract with an unaffiliated third party buyer. The contract obligates the reporting person to deliver to the buyer, at the reporting person's option, up to 205,000 shares of Common Stock, cash or a combination thereof on the maturity date of the contract (September 21, 2016). In exchange for assuming this obligation, the reporting person received a cash payment of $1,789,679 as of the date of entering into the contract. The reporting person pledged 205,000 shares of Common Stock (the "September 12 Pledged Shares") to secure his obligations under such contract and retained voting rights in the September 12 Pledged Shares during the term of the pledge.