0001209191-23-058705.txt : 20231214 0001209191-23-058705.hdr.sgml : 20231214 20231214195739 ACCESSION NUMBER: 0001209191-23-058705 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231212 FILED AS OF DATE: 20231214 DATE AS OF CHANGE: 20231214 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Yen Kristen CENTRAL INDEX KEY: 0001643441 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36593 FILM NUMBER: 231488562 MAIL ADDRESS: STREET 1: 3 TWIN DOLPHIN DRIVE STREET 2: SUITE 160 CITY: REDWOOD CITY STATE: CA ZIP: 94065 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SOLENO THERAPEUTICS INC CENTRAL INDEX KEY: 0001484565 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 770523891 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 203 REDWOOD SHORES PARKWAY STREET 2: SUITE 500 CITY: REDWOOD CITY STATE: CA ZIP: 94065 BUSINESS PHONE: 650-213-8444 MAIL ADDRESS: STREET 1: 203 REDWOOD SHORES PARKWAY STREET 2: SUITE 500 CITY: REDWOOD CITY STATE: CA ZIP: 94065 FORMER COMPANY: FORMER CONFORMED NAME: Capnia, Inc. DATE OF NAME CHANGE: 20100219 4 1 doc4.xml FORM 4 SUBMISSION X0508 4 2023-12-12 0 0001484565 SOLENO THERAPEUTICS INC SLNO 0001643441 Yen Kristen 203 REDWOOD SHORES PKWY, STE 500 REDWOOD CITY CA 94065 0 1 0 0 See Remarks 0 Common Stock 2023-12-12 4 S 0 3629 36.6402 D 18321 D Common Stock 2023-12-12 4 S 0 16284 37.0245 D 2037 D Common Stock 2023-12-13 4 M 0 13333 2.595 A 15370 D Common Stock 2023-12-13 4 M 0 4583 2.41 A 19953 D Common Stock 2023-12-13 4 S 0 17916 37.7627 D 2037 D Employee stock option (right to buy) 2.595 2023-12-13 4 M 0 13333 0.00 D 2032-07-27 Common Stock 13333 0 D Employee stock option (right to buy) 2.41 2023-12-13 4 M 0 4583 0.00 D 2033-01-25 Common Stock 4583 15417 D This transaction was executed in multiple trades at prices ranging from $35.865 to $36.845. 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. Certain of these securities are restricted stock units ("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. This transaction was executed in multiple trades at prices ranging from $36.86 to $37.25. 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. This transaction was executed in multiple trades at prices ranging from $37.69 to $38.05. 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. The option vested as to one-fourth of the shares on August 1, 2022 and each three-month anniversary thereafter, subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2014 Equity Incentive Plan) through each such date. The option, originally for 20,000 shares, vests as to one forty-eighth of the shares on February 1, 2023 and each one-month anniversary thereafter, subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2014 Equity Incentive Plan) through each such date. /s/ Anish Bhatnagar, Attorney-in-Fact 2023-12-14