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4//SEC Filing

Herrmann John A III 4

Accession 0001209191-23-017583

CIK 0001000694other

Filed

Mar 8, 7:00 PM ET

Accepted

Mar 9, 5:00 PM ET

Size

8.3 KB

Accession

0001209191-23-017583

Insider Transaction Report

Form 4
Period: 2023-03-07
Herrmann John A III
SVP, General Counsel
Transactions
  • Award

    Stock Option (Right to Buy)

    2023-03-07+44,28044,280 total
    Exercise: $6.97From: 2024-03-07Exp: 2033-03-07Common Stock (44,280 underlying)
  • Award

    Restricted Stock Units

    2023-03-07+38,33038,330 total
    Common Stock (38,330 underlying)
Footnotes (3)
  • [F1]Twenty-five percent (25%) of 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 on the first anniversary of the March 7, 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 the Company's common stock.
  • [F3]One-third (1/3) of the RSUs subject to this grant under the Plan will vest 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 0001610928

Filing Metadata

Form type
4
Filed
Mar 8, 7:00 PM ET
Accepted
Mar 9, 5:00 PM ET
Size
8.3 KB