ABG MANAGEMENT LTD sold 22.7% of their position (297.57K shares) of SORRENTO THERAPEUTICS, INC. on the open market

Open‑market sale worth $1.49M — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

ABG MANAGEMENT LTD

Filed: 9/14/2018ACC: 0001209191-18-051069

InsiderABG MANAGEMENT LTDCIK 1668027

→

IssuerSORRENTO THERAPEUTICS, INC.CIK 850261

10% Owner

Since Sep 2018

-297.57K

Net shares

Net seller

$1.49M

Total sold

Open market trades

0B · 3S

Total transactions

297.57K disposed

Non-Derivative Transactions3

Common Stock

Indirect

S · Sale

−189.75K

Price / share

$5.06

Trade value

$960.10K

% of position

14.5%

9/12/2018

1.31M→1.12M

Common Stock

Indirect

S · Sale

−29.14K

Price / share

$5.01

Trade value

$145.86K

% of position

2.6%

9/13/2018

1.12M→1.09M

Common Stock

Indirect

S · Sale

−78.68K

Price / share

$4.92

Trade value

$386.77K

% of position

7.2%

9/13/2018

1.09M→1.01M

Total

Net shares

−297.57K

Net value

-$1.49M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Indirect	9/12/2018	S · Sale	−189.75K	$5.06	$960.10K	14.5%	1.31M	1.12M
Common Stock Indirect	9/13/2018	S · Sale	−29.14K	$5.01	$145.86K	2.6%	1.12M	1.09M
Common Stock Indirect	9/13/2018	S · Sale	−78.68K	$4.92	$386.77K	7.2%	1.09M	1.01M
Total			−297.57K		-$1.49M

Derivative Transactions0

No derivative transactions reported

Non-Derivative Holdings (Post-Transaction)3

Common Stock

Indirect

Shares owned1.33M

Common Stock

Indirect

Shares owned3.04M

Common Stock

Indirect

Shares owned1.41M

Total

5.78M indirect5.78M

Security Title	Shares Owned	Ownership Type
Common Stock	1.33M	Indirect
Common Stock	3.04M	Indirect
Common Stock	1.41M	Indirect
Total	5.78M	5.78M indirect

Derivative Holdings (Post-Transaction)3

Warrants

Indirect

Underlying security

Common Stock

Underlying shares

432.43K

Shares owned

432.43K

Exercise price

8.50

Expiration

—

Exercise window

—

Warrants

Indirect

Underlying security

Common Stock

Underlying shares

432.43K

Shares owned

432.43K

Exercise price

8.50

Expiration

—

Exercise window

—

Warrants

Indirect

Underlying security

Common Stock

Underlying shares

540.54K

Shares owned

540.54K

Exercise price

8.50

Expiration

—

Exercise window

—

Total

Underlying

1.41M

Owned

1.41M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Warrants Indirect	Common Stock	8.50	—	—	432.43K	432.43K
Warrants Indirect	Common Stock	8.50	—	—	432.43K	432.43K
Warrants Indirect	Common Stock	8.50	—	—	540.54K	540.54K
Total					1.41M	1.41M