Filing Details
- Accession Number:
- 0001104659-10-062651
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-12-14 17:34:40
- Reporting Period:
- 2010-12-10
- Filing Date:
- 2010-12-14
- Accepted Time:
- 2010-12-14 17:34:40
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1382911 | Orexigen Therapeutics Inc. | OREX | Pharmaceutical Preparations (2834) | 651178822 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1280249 | Iii K Daniel Turner | C/O Orexigen Therapeutics, Inc 3344 N. Torrey Pines Court, Suite 200 La Jolla CA 92037 | Yes | No | 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 | 2010-12-10 | 333,635 | $0.00 | 865,077 | No | 4 | S | Indirect | By Montreux Equity Partners II, SBIC, LP, Montreux Equity Partners III, SBIC, LP and related funds |
Common Stock | Disposition | 2010-12-13 | 266,365 | $0.00 | 598,712 | No | 4 | S | Indirect | By Montreux Equity Partners II, SBIC, LP, Montreux Equity Partners III, SBIC, LP and related funds |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | By Montreux Equity Partners II, SBIC, LP, Montreux Equity Partners III, SBIC, LP and related funds |
No | 4 | S | Indirect | By Montreux Equity Partners II, SBIC, LP, Montreux Equity Partners III, SBIC, LP and related funds |
Footnotes
- 60,152 of the 333,635 share sold, were sold by Montreux Equity Partners II SBIC, L.P. 273,483 of the 333,635 shares sold, were sold by Montreux Equity Partners III SBIC, L.P.
- The sale price for 273,483 of the 333,625 shares reported in this Form 4 was between the range of $8.84 per share and $8.55 per share, with the average sale price of $8.6131. The sale price for 60,152 of the 333,625 shares reported in this Form 4 was between the range of $8.80 per share and $8.60 per share, with the average sale price of $8.6825. Full information regarding the number of shares sold at each seperate price will be provided to the Commission staff upon request.
- Of the total 865,077 total shares beneficially owned following the reported transaction, 439,204 shares are held by Montreux Equity Partners II SBIC, L.P. and 425,873 shares are held by Montreux Equity Partners III SBIC, L.P.
- The reported securities are owned directly by Montreux Equity Partners II SBIC, L.P., ("MEP II") and Montreux Equity Partners III SBIC, L.P, ("MEP III"). The voting and disposition of the shares held by MEP II and MEP III are determined by Montreux Equity Management II SBIC, LLC, ("MEM II") and Montreux Equity Management III SBIC, LLC, ("MEM III"), respectively. Mr. Turner is a managing member of MEM II and MEM III. Mr. Turner disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- 239,848 of the 266,365 share sold, were sold by Montreux Equity Partners II SBIC, L.P. 26,517 of the 266,365 shares sold, were sold by Montreux Equity Partners III SBIC, L.P.
- The sale price for 26,517 of the 266,365 shares reported in this Form 4 was between the range of $8.71 per share and $8.60 per share, with an average sale price of $8.6452. The sale price for 239,848 of the 266,365 shares reported in this Form 4 was between the range of $8.68 per share and $8.60 per share, with an average sale price of $8.6094.Full information regarding the number of shares sold at each seperate price will be provided to the Commission staff upon request.
- Of the total 598,712 total shares beneficially owned following the reported transaction, 199,356 shares are held by Montreux Equity Partners II SBIC, L.P. and 399,356 shares are held by Montreux Equity Partners III SBIC, L.P.