Hodges William L 4
4 · Novan, Inc. · Filed Sep 18, 2017
Insider Transaction Report
Form 4
Novan, Inc.NOVN
Hodges William L
Interim Chief Financial Office
Transactions
- Exercise/Conversion
Common Stock
2017-09-15$6.03/sh+5,000$30,150→ 5,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2017-09-15−5,000→ 28,000 totalExercise: $6.03Exp: 2027-03-23→ Common Stock (5,000 underlying)
Footnotes (1)
- [F1]The option, representing a right to purchase a total of 33,000 shares, became exercisable in three equal installments on each monthly anniversary of March 24, 2017, such that the option became fully vested on June 24, 2017.