Herrmann John A III 4
4 · NOVAVAX INC · Filed Dec 18, 2023
Insider Transaction Report
Form 4
NOVAVAX INCNVAX
Herrmann John A III
SVP, General Counsel
Transactions
- Tax Payment
Common Stock
2023-12-14$5.69/sh−700$3,983→ 13,233 total - Exercise/Conversion
Common Stock
2023-12-14+2,100→ 13,933 total - Exercise/Conversion
Restricted Stock Units
2023-12-14−2,100→ 0 total→ Common Stock (2,100 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Novavax common stock.
- [F2]The shares were withheld by the Company to satisfy tax withholding obligations in connection with the vesting of RSUs.
- [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 December 14, 2020 grant date, in each case subject to continued employment with the Company through such vesting date.