Herrmann John A III 4
4 · NOVAVAX INC · Filed Jun 27, 2023
Insider Transaction Report
Form 4
NOVAVAX INCNVAX
Herrmann John A III
SVP, General Counsel
Transactions
- Exercise/Conversion
Common Stock
2023-06-25+833→ 12,111 total - Exercise/Conversion
Restricted Stock Units
2023-06-25−833→ 0 total→ Common Stock (833 underlying) - Tax Payment
Common Stock
2023-06-25$6.70/sh−278$1,863→ 11,833 total
Holdings
- 3,384(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Novavax, Inc. (the "Company") common stock.
- [F2]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F3]The RSUs subject to this grant under the Company's Amended and Restated 2015 Stock Incentive Plan, as amended, vested with respect to one-third (1/3) of the RSUs on each of the first three (3) anniversaries of the June 25, 2020 grant date, in each case subject to continued employment with the Company through such vesting date.