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4//SEC Filing

O'Hara Elaine 4

Accession 0001209191-23-015688

CIK 0001000694other

Filed

Mar 2, 7:00 PM ET

Accepted

Mar 3, 5:02 PM ET

Size

8.2 KB

Accession

0001209191-23-015688

Insider Transaction Report

Form 4
Period: 2023-03-01
O'Hara Elaine
EVP, Chief Strategy Officer
Transactions
  • Award

    Stock Option (Right to buy)

    2023-03-01+67,90067,900 total
    Exercise: $6.86From: 2024-03-01Exp: 2033-03-01Common Stock (67,900 underlying)
  • Award

    Restricted Stock Units

    2023-03-01+58,80058,800 total
    Common Stock (58,800 underlying)
Footnotes (3)
  • [F1]Twenty-five percent (25%) of the shares subject to this option grant under the Novavax, Inc. (the "Company") 2023 Inducement Plan (the "Plan") will vest on the first anniversary of the March 1, 2023 grant date (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.
  • [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 employment through such vesting date.

Issuer

NOVAVAX INC

CIK 0001000694

Entity typeother

Related Parties

1
  • filerCIK 0001968045

Filing Metadata

Form type
4
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 5:02 PM ET
Size
8.2 KB