X0306 4 2016-11-11 0 0000850261 Sorrento Therapeutics, Inc. SRNE 0001470981 Ji Henry C/O SORRENTO THERAPEUTICS, INC. 9380 JUDICIAL DRIVE SAN DIEGO CA 92121 1 1 0 0 President and CEO Stock Options 6.52 2016-11-11 4 J 0 200000 D 2026-08-12 Common Stock 200000 300000 D On November 11, 2016, the Issuer and the Reporting Person agreed to rescind 200,000 of the shares subject to the option to purchase 500,000 shares of the Issuer's common stock that was granted to the Reporting Person on August 12, 2016. 1/4 of the 300,000 shares remaining subject to the option shall vest on August 12, 2017 and 1/48 of the original number of shares subject to the option shall vest following each one month period of service after August 12, 2017, subject to the Reporting Person's continued service to the Issuer through each such vesting date. Exhibit 24 - Power of Attorney /s/ Henry Ji 2016-11-11