Shiver John W. 4
4 · NOVAVAX INC · Filed Mar 12, 2025
Insider Transaction Report
Form 4
NOVAVAX INCNVAX
Shiver John W.
Director
Transactions
- Award
Stock Option (Right to buy)
2025-03-10+35,770→ 35,770 totalExercise: $8.20From: 2026-03-10Exp: 2035-03-10→ Common Stock (35,770 underlying) - Award
Restricted Stock Units
2025-03-10+23,840→ 23,840 total→ Common Stock (23,840 underlying)
Footnotes (3)
- [F1]The shares subject to this option grant under the Novavax, Inc. (the "Company") Amended and Restated 2015 Stock Incentive Plan, as amended (the "Plan"), will vest with respect to one-third (1/3) of the shares on each of the first three (3) anniversaries of the March 10, 2025 grant date (the "Grant Date"), in each case subject to continued service on the Company's Board of Directors through such vesting date.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Company common stock.
- [F3]The RSUs subject to this grant under the Plan will vest with respect to one-third (1/3) of the RSUs on each of the first three (3) anniversaries of the Grant Date, in each case subject to continued service on the Company's Board of Directors through such vesting date.