David C. Hanley - Jun 1, 2021 Form 4 Insider Report for Nuvation Bio Inc. (NUVB)

Role
Chief Technical Operations
Signature
David C. Hanley, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
NUVB
Transactions as of
Jun 1, 2021
Transactions value $
$0
Form type
4
Date filed
6/3/2021, 06:36 PM
Next filing
Mar 2, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NUVB Stock Option (Right to Buy) Award $0 +250K $0.00 250K Jun 1, 2021 Class A Common Stock 250K $13.60 Direct F1
transaction NUVB Stock Option (Right to Buy) Award $0 +188K $0.00 188K Jun 1, 2021 Class A Common Stock 188K $13.60 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the shares subject to the option vest on June 1, 2022 and 1/48 of the total number of shares subject to the option vest each month thereafter, subject to the Reporting Person's continuous service through each applicable vesting date.
F2 The shares subject to the Options will vest based on the satisfaction of both time-based and performance-based vesting criteria.