Filing Details

Accession Number:
0000950170-24-119394
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-10-31 12:44:57
Reporting Period:
2024-10-31
Accepted Time:
2024-10-31 12:44:57
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1820190 Scilex Holding Co SCLX () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1470981 Henry Ji C/O Scilex Holding Company
960 San Antonio Road
Palo Alto CA 94303
Executive Chairperson No No No 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 Acquisiton 2024-10-31 8,888 $0.94 320,161 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 60,070 Indirect By BioVintage, Inc.
Common Stock 2,749 Indirect By BioVintage, Inc.
Common Stock 292,264 Indirect See Footnote
Common Stock 5,640 Indirect By Spouse
Footnotes
  1. Open market purchase by the reporting person of 8,888 shares of common stock, par value $0.0001 per share (the "Common Stock").
  2. On December 30, 2022, the Board of Directors of Sorrento Therapeutics, Inc. ("Sorrento") declared a stock dividend (the "Dividend") to all holders of record of its common stock as of the close of business on January 9, 2023, of 0.1410127 of a share of Common Stock for each one share of common stock, par value $0.0001 per share, of Sorrento ("Sorrento Common Stock"). The Reporting Person wrote a put option in Sorrento Common Stock on August 26, 2022 (the "Put Option"), which was adjusted as a result of the Stock Dividend to relate to an aggregate of 19,500 shares of Sorrento Common Stock and 2,749 shares of Common Stock and to reflect a corresponding change to the exercise price of the Put Option to $0.80268 per share of Sorrento Common Stock and $8.6002 per share of Common Stock.
  3. The Put Option settled on March 17, 2023 and resulted in the Reporting Person becoming entitled to receive 2,749 shares of Common Stock at a price of $8.6002 per share of Common Stock, upon the expiration of the lock-up on such shares which is currently set to expire on January 31, 2025.
  4. Shares are held in family trusts of which the Reporting Person is a co-trustee with his spouse.