Home > Insider Trading > Filing (0001181431-12-001795)

Filing Details

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
1008155	R Donald Scifres	80 Rose Orchard Way San Jose CA 95134		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	Acquisiton	2011-12-29	12,500,000	$0.16	48,658,594	No	4	P	Indirect	see footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	see footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	36,158,594	Indirect	see footnote

Footnotes

In December 2010, The Donald R. Scifres 2010 Annuity Trust V purchased 25,000,000 shares of common stock for an aggregate price of $3,500,000. This transaction should have previously been reported on Form 3.
All shares are owned by two family trusts both of which the Reporting Person is Trustee and SDL Ventures, LLC in which the Reporting Person has a controlling interest.
In December 2011, The Donald R. Scifres 2011 Annuity Trust Y purchased 12,500,000 shares of common stock for an aggregate price of $2,000,000. This transaction should have previously been reported on Form 4.
All shares are owned by three family trusts all of which the Reporting Person is Trustee and SDL Ventures, LLC in which the Reporting Person has a controlling interest.
Shares beneficially owned by the Reporting Person as of 12/31/10.
Shares beneficially owned by the Reporting Person as of 12/31/11.