Filing Details
- Accession Number:
- 0001209191-16-130577
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-07-01 17:51:32
- Reporting Period:
- 2016-06-29
- Filing Date:
- 2016-07-01
- Accepted Time:
- 2016-07-01 17:51:32
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 850261 | Sorrento Therapeutics Inc. | SRNE | Services-Commercial Physical & Biological Research (8731) | 330344842 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1189020 | Patrick Soon-Shiong | 9922 Jefferson Boulevard Culver City CA 90232 | No | No | Yes | No | |
| 1629186 | Mp 13 Ventures, Llc | 9922 Jefferson Boulevard Culver City CA 90232 | No | No | No | Yes | |
| 1629222 | Cambridge Equities, Lp | 9922 Jefferson Boulevard Culver City CA 90232 | No | No | No | Yes | |
| 1668335 | Foundation Family Soon-Shiong Chan | 9922 Jefferson Boulevard Culver City CA 90232 | No | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2016-06-29 | 3,400 | $5.82 | 7,157,924 | No | 4 | S | Indirect | Through The Chan Soon-Shiong Family Foundation |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | Through The Chan Soon-Shiong Family Foundation |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 720,174 | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Warrant | $5.80 | 2014-12-22 | 2017-12-22 | 1,724,138 | 1,724,138 | Indirect |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2017-12-22 | 1,724,138 | 1,724,138 | Indirect |
Footnotes
- These shares of common stock were sold on the open market. The price reported in Column 4 is a weighted average sale price. Dr. Patrick Soon-Shiong undertakes to provide to Sorrento Therapeutics, Inc. (the "Company"), any securityholder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the price at which these shares were sold.
- Dr. Patrick Soon-Shiong is the Chairman of The Chan Soon-Shiong Family Foundation.
- The exercise price of the Warrant is subject to customary adjustment provisions for stock splits, stock dividends, recapitalizations and the like.
- Dr. Patrick Soon-Shiong is the sole member of MP 13 Ventures, LLC, which is the general partner of Cambridge Equities, LP.
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