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SOLIGENIX, INC. Director's Dealing 2017

May 8, 2017

35119_dirs_2017-05-08_00f9244f-254b-488d-9c08-b71c1292d6a2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SOLIGENIX, INC. (SNGX)
CIK: 0000812796
Period of Report: 2017-05-04

Reporting Person: KIRK RANDAL J (10% Owner)
Reporting Person: INTREXON CORP (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-05-04 Common Stock X 250000 $0.80 Acquired 583334 Indirect
2017-05-04 Common Stock S 49875 $4.01 Disposed 533459 Indirect
2017-05-04 Common Stock S 11739 $2.97 Disposed 521720 Indirect
2017-05-05 Common Stock S 71607 $2.70 Disposed 450113 Indirect
2017-05-08 Common Stock S 9695 $2.54 Disposed 440418 Indirect
2017-05-04 Common Stock S 2278 $2.97 Disposed 101171 Indirect
2017-05-05 Common Stock S 13893 $2.70 Disposed 87278 Indirect
2017-05-08 Common Stock S 1881 $2.54 Disposed 85397 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-05-04 Warrant to Purchase Common Stock $0.80 X 250000 Disposed 2018-06-25 Common Stock (250000) Indirect

Footnotes

F1: The indicated share amount is reflective of a 1:10 reverse stock split effected by the issuer on October 7, 2016.

F2: Shares surrendered to the issuer in order to satisfy the exercise price in connection with the cashless exercise of a warrant to purchase 250,000 shares of common stock of the issuer.

F3: Pursuant to a joint selling program, NRM VII Holdings I, LLC ("NRM VII Holdings") and Intrexon Corporation ("Intrexon") sold shares on a pro rata basis.

F4: Randal J. Kirk controls NRM VII Holdings. Shares held by this entity may be deemed to be indirectly beneficially owned (as defined under Rule 13d- 3 promulgated under the Securities Exchange Act of 1934, as amended) by Mr. Kirk. Mr. Kirk disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein.

F5: Randal J. Kirk, directly and through certain affiliates, has voting and dispositive power over a majority of the outstanding capital stock of Intrexon. Mr. Kirk may therefore be deemed to have voting and dispositive power over the shares of the issuer owned by Intrexon. Shares held by Intrexon may be deemed to be indirectly beneficially owned (as defined under Rule 13d-3 promulgated under the Securities Exchange Act of 1934, as amended) by Mr. Kirk. Mr. Kirk disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein.