Soleno Therapeutics Form 4 / JACK W SCHULER ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

SCHULER JACK W

(Last)

(First)

(Middle)

100 N. FIELD DRIVE

SUITE 360

(Street)

LAKE FOREST

60045

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
SOLENO THERAPEUTICS INC [ SLNO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/13/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/13/2022⁽¹⁾		S		400	D	$1.52	466,266	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	10/26/2022⁽¹⁾		S		8,842	D	$1.26	457,424	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	10/27/2022⁽¹⁾		S		9,100	D	$1.16	448,324	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	10/28/2022⁽¹⁾		S		10,000	D	$1.08	438,324	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	10/31/2022⁽¹⁾		S		10,000	D	$1	428,324	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/01/2022⁽¹⁾		S		10,000	D	$0.99	418,324	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/02/2022⁽¹⁾		S		10,000	D	$0.97	408,324	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/03/2022⁽¹⁾		S		10,000	D	$1.01	398,324	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/04/2022⁽¹⁾		S		10,000	D	$0.99	388,324	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/07/2022⁽¹⁾		S		10,000	D	$0.99	378,324	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/08/2022⁽¹⁾		S		10,000	D	$0.99	368,324	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/09/2022⁽¹⁾		S		10,000	D	$0.94	358,324	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/14/2022⁽¹⁾		S		10,000	D	$1.07	348,324	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/15/2022⁽¹⁾		S		10,000	D	$1.09	338,324	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/16/2022⁽¹⁾		S		116,882	D	$1.26	221,442	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/17/2022⁽¹⁾		S		11,442	D	$1.15	210,000	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/18/2022⁽¹⁾		S		28,474	D	$1.15	181,526	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/21/2022⁽¹⁾		S		14,531	D	$1.13	166,995	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/22/2022⁽¹⁾		S		10,000	D	$1.07	156,995	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/23/2022⁽¹⁾		S		10,400	D	$1.11	146,595	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/25/2022⁽¹⁾		S		10,000	D	$1.07	136,595	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/28/2022⁽¹⁾		S		10,000	D	$1.05	126,595	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/29/2022⁽¹⁾		S		10,000	D	$1.01	116,595	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	11/30/2022⁽¹⁾		S		10,000	D	$0.99	106,595	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	12/01/2022⁽¹⁾		S		10,000	D	$1.03	96,595	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	12/02/2022⁽¹⁾		S		10,000	D	$1	86,595	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	12/05/2022⁽¹⁾		S		10,000	D	$0.97	76,595	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	12/06/2022⁽¹⁾		S		10,000	D	$0.99	66,595	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	12/07/2022⁽¹⁾		S		10,000	D	$0.96	56,595	I	By Jack W. Schuler Living Trust⁽²⁾
Common Stock	12/08/2022⁽¹⁾		S		10,000	D	$0.93	46,595	I	By Jack W. Schuler Living Trust⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This late filing is due to an inadvertent administrative error.

2. Jack W. Schuler is the sole trustee of the Jack W. Schuler Living Trust (the "Living Trust"), and in such capacity may be deemed to beneficially own the Common Stock held by the Living Trust.

	/s/ Jack W. Schuler	05/15/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Soleno Therapeutics (SLNO) Form 4SOLENO THERAPEUTICS / JACK W SCHULER ownership change