Filing Details

Accession Number:
0001209191-10-001384
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-01-05 12:00:00
Reporting Period:
2009-12-31
Filing Date:
2010-01-05
Accepted Time:
2010-01-05 17:58:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1339455 Somaxon Pharmaceuticals Inc. SOMX Pharmaceutical Preparations (2834) 200161599
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1362822 Matthew Onaitis Somaxon Pharmaceuticals, Inc.
3830 Valley Centre Drive, Suite 705-461
San Diego CA 92130
Vp, General Counsel No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2009-12-31 5,000 $1.07 50,712 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. This sale of shares of common stock underlying vested restricted stock units was effected by the reporting person pursuant to a Rule 10b5-1 trading plan adopted by the reporting person, with the proceeds remitted to the Company to cover the taxes withheld upon the vesting of 12,500 restricted stock units on December 31, 2009.
  2. Reflects the weighted average sale price of the shares sold. The shares were sold in multiple trades at prices ranging from $1.05 to $1.09 per share. The reporting person will provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
  3. Reflects the forfeiture on December 31, 2009 of 18,848 restricted stock units that expired unvested. The vesting of such restricted stock units depended upon the Company raising aggregate proceeds of $25 million from one or more financing or strategic transactions during 2009, and that condition was not met.