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COVINO GREGORY F 4

Accession 0001209191-20-059194

CIK 0001000694other

Filed

Nov 17, 7:00 PM ET

Accepted

Nov 18, 6:06 PM ET

Size

8.3 KB

Accession

0001209191-20-059194

Insider Transaction Report

Form 4
Period: 2020-11-16
COVINO GREGORY F
EVP, Chief Financial Officer
Transactions
  • Award

    Stock Option (Right to buy)

    2020-11-16+8,2008,200 total
    Exercise: $90.65Exp: 2030-11-16Common Stock (8,200 underlying)
  • Award

    Restricted Stock Units

    2020-11-16+7,3007,300 total
    Common Stock (7,300 underlying)
Footnotes (3)
  • [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Novavax, Inc. (the "Company") common stock.
  • [F2]One-third (1/3) of the RSUs subject to this grant under the Company's Amended and Restated 2015 Stock Incentive Plan, as amended (the "Plan"), will vest on each of the first three (3) anniversaries of the November 16, 2020 grant date (the "Grant Date"), subject to continued employment through each such vesting date.
  • [F3]Twenty-five percent (25%) of the shares subject to this option grant under the Plan will vest on the first anniversary of the Grant Date, and the remaining seventy-five percent (75%) of the shares will vest in equal monthly installments over the following three (3) years, in each case subject to continued employment through such vesting date.

Issuer

NOVAVAX INC

CIK 0001000694

Entity typeother

Related Parties

1
  • filerCIK 0001224116

Filing Metadata

Form type
4
Filed
Nov 17, 7:00 PM ET
Accepted
Nov 18, 6:06 PM ET
Size
8.3 KB