SCIFRES DONALD R 5
5 · Sorrento Therapeutics, Inc. · Filed Jan 6, 2012
Insider Transaction Report
Form 5
SCIFRES DONALD R
10% Owner
Transactions
- Purchase
Common Stock
2011-12-29$0.16/sh+12,500,000$2,000,000→ 48,658,594 total(indirect: see footnote)
Holdings
- 36,158,594(indirect: see footnote)
Common Stock
Footnotes (6)
- [F1]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.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]Shares beneficially owned by the Reporting Person as of 12/31/10.
- [F6]Shares beneficially owned by the Reporting Person as of 12/31/11.