NOVAK ANDREW 4
4 · Novan, Inc. · Filed Jun 9, 2022
Insider Transaction Report
Form 4
Novan, Inc.NOVN
NOVAK ANDREW
Chief Accounting Officer
Transactions
- Award
Restricted Stock Units
2022-04-21+8,400→ 8,400 total→ Common Stock (8,400 underlying) - Award
Stock Option (Right to Buy)
2022-04-21+12,600→ 12,600 totalExercise: $2.98Exp: 2032-03-14→ Common Stock (12,600 underlying)
Footnotes (3)
- [F1]The Reporting Person was granted restricted stock units ("RSUs"), and each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
- [F2]The RSUs shall be fully vested on March 15, 2024, which is the second anniversary of the vesting commencement date.
- [F3]The option vests in three equal annual installments, with the first installment vesting on March 15, 2023.