GAY JOHN M. 4
4 · Novan, Inc. · Filed Aug 10, 2022
Insider Transaction Report
Form 4
Novan, Inc.NOVN
GAY JOHN M.
VP, Finance & Corp. Controller
Transactions
- Award
Restricted Stock Units
2022-08-08+27,400→ 27,400 total→ Common Stock (27,400 underlying) - Award
Stock Option (Right to Buy)
2022-08-08+41,100→ 41,100 totalExercise: $2.93Exp: 2032-03-14→ Common Stock (41,100 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.