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Major owner of Sientra, Inc. just disposed of 666,609 shares

Advisors Llc Orbimed, a major owner of Sientra, Inc., recently disposed of 666,609 shares of the company. The disposals took place at prices ranging from $7.03 to $7.36 per share, on dates ranging from October 07 to October 09, 2015. Orbimed now owns just 19,885 shares of the company. Orbimed operates out of New York, NY. Some additional info was provided as follows:

The price reported in Column 4 is a weighted average price. These shares of the Issuer's common stock ("Shares") were sold in multiple transactions at prices ranging from $7.20 to $7.65 inclusive. Upon request, the Reporting Persons undertake to provide the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission (the "SEC") full information regarding the Shares sold at each s eparate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These Shares were sold in multiple transactions at prices ranging from $6.96 to $7.39 inclusive. Upon request, the Reporting Persons undertake to provide the Issuer, any security holder of the Issuer, or the SEC full information...

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