Filing Details

Accession Number:
0001209191-10-035742
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-06-25 13:00:00
Reporting Period:
2010-06-24
Filing Date:
2010-06-25
Accepted Time:
2010-06-25 16:23:13
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
1346901 Jeffrey Raser Somaxon Pharmaceuticals, Inc.
3830 Valley Centre Drive, Suite 705-461
San Diego CA 92130
Svp, Chief Commercial Officer 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 2010-06-24 15,000 $4.67 40,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. This sale was effected by the reporting person pursuant to a pre-planned selling program under Rule 10b5-1 adopted by the reporting person in 2009 that has been terminated.
  2. This sale was to have been made under Mr. Raser's pre-planned selling program on March 18, 2010, but the broker administering the program erroneously failed to effect the sale on such date. Mr. Raser was subject to a contractual restriction on selling shares that expired June 23, 2010. The broker effected this sale on June 24, 2010 and agreed to pay Mr. Raser an additional $2.6078 per share, making Mr. Raser's effective price per share $7.2778, which would have been Mr. Raser's sale price had this sale been effected on March 18, 2010.