Home/Filings/4/0001209191-21-010344
4//SEC Filing

Markel Stacy 4

Accession 0001209191-21-010344

CIK 0001811063other

Filed

Feb 11, 7:00 PM ET

Accepted

Feb 12, 5:50 PM ET

Size

8.8 KB

Accession

0001209191-21-010344

Insider Transaction Report

Form 4
Period: 2021-02-10
Markel Stacy
CHIEF PEOPLE OFFICER
Transactions
  • Award

    Stock Option (Right to Buy)

    2021-02-10+398,935398,935 total
    Exercise: $4.60Exp: 2030-10-04Class A Common Stock (398,935 underlying)
  • Award

    Stock Option (Right to Buy)

    2021-02-10+254,810254,810 total
    Exercise: $1.74Exp: 2030-01-21Class A Common Stock (254,810 underlying)
Footnotes (5)
  • [F1]Received pursuant to the Agreement and Plan of Merger, dated as of October 20, 2020, by and among Panacea Acquisition Corp. ("Panacea") and Panacea Merger Subsidiary Corp., a direct, wholly-owned subsidiary of Panacea ("Merger Sub"), and Nuvation Bio Inc. ("Legacy Nuvation") pursuant to which, as a result of a merger between Legacy Nuvation and Merger Sub, Legacy Nuvation became a direct, wholly-owned subsidiary of Panacea, which subsequently changed its name to Nuvation Bio Inc. (the "Issuer").
  • [F2]Options vest as to 20% on October 5, 2023, 20% on October 5, 2023 and 60% on October 5, 2025, subject to achievement of performance criteria.
  • [F3]Received in exchange for an option to purchase 398,935 shares of Legacy Nuvation Class A Common Stock.
  • [F4]Options vest as to 25% on September 30, 2020 and in equal monthly installments thereafter over the following three years.
  • [F5]Received in exchange for an option to purchase 254,810 shares of Legacy Nuvation Class A Common Stock.

Issuer

Nuvation Bio Inc.

CIK 0001811063

Entity typeother

Related Parties

1
  • filerCIK 0001734780

Filing Metadata

Form type
4
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 5:50 PM ET
Size
8.8 KB