SMITH ROBIN L exercised options at SORRENTO THERAPEUTICS, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 2 exercises
Filed: 9/3/2021ACC: 0001209191-21-054841
0.00
Net shares
Net seller
$785.3K
Total acquired
0
Open market trades
0B · 0S
4
Total transactions
175K acquired · 175K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+75K
Price / share
$3.95
Trade value
$296.25K
% of position
125.0%
9/3/2021
60K→135K
Common Stock
Direct
Shares
+100K
Price / share
$4.89
Trade value
$489K
% of position
74.1%
9/3/2021
135K→235K
Total
Net shares
+175K
Net value
$785.25K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 9/3/2021 | M · Option Exercise | +75K | $3.95 | $296.25K | 125.0% | 60K | 135K |
| Common Stock Direct | 9/3/2021 | M · Option Exercise | +100K | $4.89 | $489K | 74.1% | 135K | 235K |
| Total | +175K | $785.25K | ||||||
Derivative Transactions2
Stock Options
Direct
Converts to
Common Stock
75K shares
Shares
−75K
Strike price
3.95
Held after
0.00
Exercisable
—
9/3/2021
Stock Options
Direct
Converts to
Common Stock
100K shares
Shares
−100K
Strike price
4.89
Held after
0.00
Exercisable
—
9/3/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Options Direct | Common Stock75K shares | 9/3/2021 | M · Option Exercise | −75K | 3.95 | — | 0.00 |
| Stock Options Direct | Common Stock100K shares | 9/3/2021 | M · Option Exercise | −100K | 4.89 | — | 0.00 |