Anish Bhatnagar - 28 Aug 2024 Form 4 Insider Report for SOLENO THERAPEUTICS INC (SLNO)

Signature
/s/ Anish Bhatnagar
Issuer symbol
SLNO
Transactions as of
28 Aug 2024
Transactions value $
-$5,454,707
Form type
4
Filing time
30 Aug 2024, 18:33:18 UTC
Previous filing
07 Aug 2024
Next filing
03 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLNO Common Stock Sale -$1.43M -30.3K -3.53% $47.19 826K 28 Aug 2024 Direct F1, F2, F3
transaction SLNO Common Stock Sale -$1.27M -26.4K -3.19% $48.03 800K 28 Aug 2024 Direct F1, F3, F4
transaction SLNO Common Stock Sale -$2.24M -47.6K -5.95% $47.16 752K 29 Aug 2024 Direct F1, F3, F5
transaction SLNO Common Stock Sale -$519K -10.8K -1.44% $47.83 741K 29 Aug 2024 Direct F1, F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").
F2 This transaction was executed in multiple trades at prices ranging from $46.81 to $47.80. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F3 Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
F4 This transaction was executed in multiple trades at prices ranging from $47.81 to $48.53. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F5 This transaction was executed in multiple trades at prices ranging from $46.73 to $47.725. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F6 This transaction was executed in multiple trades at prices ranging from $47.735 to $48.17. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.