Draghia-Akli Ruxandra 4
4 · NOVAVAX INC · Filed Nov 13, 2024
Insider Transaction Report
Form 4
NOVAVAX INCNVAX
Draghia-Akli Ruxandra
Section 16
Transactions
- Award
Restricted Stock Units
2024-11-11+42,770→ 42,770 totalExp: 2034-11-11→ Common Stock (42,770 underlying) - Award
Stock Option (Right to Buy)
2024-11-11$9.01/sh+64,150$577,992→ 64,150 totalExercise: $9.01From: 2025-11-11Exp: 2034-11-11→ Common Stock (64,150 underlying)
Footnotes (3)
- [F1]Twenty-five percent (25%) of the shares subject to this option granted under the Novavax, Inc. Amended and Restated 2015 Stock Incentive Plan, as amended, vest on the first anniversary of the grant date, and the remaining seventy-five percent (75%) of the shares vest in equal monthly installments over the following three (3) years, in each case subject to continued employment with the Company through such vesting date.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Company common stock.
- [F3]One-third (1/3) of the RSUs subject to this grant under the Plan vest on each of the first three (3) anniversaries of the grant date, in each case subject to continued employment through such vesting date.