Stanley C. Erck - Jul 1, 2021 Form 4 Insider Report for NOVAVAX INC (NVAX)

Signature
/s/ John A. Herrmann III, Attorney-in-Fact
Stock symbol
NVAX
Transactions as of
Jul 1, 2021
Transactions value $
-$15,068,103
Form type
4
Date filed
7/6/2021, 05:03 PM
Next filing
Jul 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVAX Common Stock Options Exercise $389K +15.2K +74.07% $25.60 35.7K Jul 1, 2021 Direct F1
transaction NVAX Common Stock Options Exercise $728K +19.9K +55.72% $36.60 55.6K Jul 1, 2021 Direct F1
transaction NVAX Common Stock Options Exercise $2.12M +17.6K +31.61% $121.00* 73.1K Jul 1, 2021 Direct F1
transaction NVAX Common Stock Sale -$428K -2.05K -2.8% $209.20 71.1K Jul 1, 2021 Direct F1, F2
transaction NVAX Common Stock Sale -$1.28M -6.11K -8.59% $210.02 65K Jul 1, 2021 Direct F1, F3
transaction NVAX Common Stock Sale -$869K -4.12K -6.34% $211.07 60.8K Jul 1, 2021 Direct F1, F4
transaction NVAX Common Stock Sale -$1.36M -6.42K -10.55% $212.15 54.4K Jul 1, 2021 Direct F1, F5
transaction NVAX Common Stock Sale -$2.71M -12.7K -23.34% $213.07 41.7K Jul 1, 2021 Direct F1, F6
transaction NVAX Common Stock Sale -$2.77M -12.9K -30.96% $214.13 28.8K Jul 1, 2021 Direct F1, F7
transaction NVAX Common Stock Sale -$1.5M -6.98K -24.24% $214.97 21.8K Jul 1, 2021 Direct F1, F8
transaction NVAX Common Stock Sale -$287K -1.33K -6.09% $215.70 20.5K Jul 1, 2021 Direct F1, F9
transaction NVAX Common Stock Options Exercise $919K +25.1K +122.57% $36.60 45.6K Jul 2, 2021 Direct F1
transaction NVAX Common Stock Options Exercise $3.32M +27.4K +60.15% $121.00* 73.1K Jul 2, 2021 Direct F1
transaction NVAX Common Stock Sale -$414K -1.97K -2.7% $210.23 71.1K Jul 2, 2021 Direct F1, F10
transaction NVAX Common Stock Sale -$896K -4.24K -5.97% $211.21 66.8K Jul 2, 2021 Direct F1, F11
transaction NVAX Common Stock Sale -$1.62M -7.62K -11.39% $212.29 59.2K Jul 2, 2021 Direct F1, F12
transaction NVAX Common Stock Sale -$503K -2.36K -3.98% $213.38 56.9K Jul 2, 2021 Direct F1, F13
transaction NVAX Common Stock Sale -$959K -4.47K -7.85% $214.76 52.4K Jul 2, 2021 Direct F1, F14
transaction NVAX Common Stock Sale -$1.12M -5.19K -9.9% $215.74 47.2K Jul 2, 2021 Direct F1, F15
transaction NVAX Common Stock Sale -$649K -2.99K -6.34% $216.92 44.2K Jul 2, 2021 Direct F1, F16
transaction NVAX Common Stock Sale -$2.17M -9.97K -22.54% $217.84 34.3K Jul 2, 2021 Direct F1, F17
transaction NVAX Common Stock Sale -$1.62M -7.42K -21.67% $218.77 26.8K Jul 2, 2021 Direct F1, F18
transaction NVAX Common Stock Sale -$1.11M -5.03K -18.75% $219.76 21.8K Jul 2, 2021 Direct F1, F19
transaction NVAX Common Stock Sale -$139K -628 -2.88% $220.80 21.2K Jul 2, 2021 Direct F1, F20
transaction NVAX Common Stock Sale -$150K -675 -3.19% $221.53 20.5K Jul 2, 2021 Direct F1, F21

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 NVAX Stock Option (Right to Buy) Options Exercise $0 -15.2K -100% $0.00* 0 Jul 1, 2021 Common Stock 15.2K $25.60 Direct F1, F22
transaction NVAX Stock Option (Right to Buy) Options Exercise $0 -19.9K -44.18% $0.00 25.1K Jul 1, 2021 Common Stock 19.9K $36.60 Direct F1, F23
transaction NVAX Stock Option (Right to Buy) Options Exercise $0 -17.6K -39.02% $0.00 27.4K Jul 1, 2021 Common Stock 17.6K $121.00 Direct F1, F24
transaction NVAX Stock Option (Right to Buy) Options Exercise $0 -25.1K -100% $0.00* 0 Jul 2, 2021 Common Stock 25.1K $36.60 Direct F1, F23
transaction NVAX Stock Option (Right to Buy) Options Exercise $0 -27.4K -100% $0.00* 0 Jul 2, 2021 Common Stock 27.4K $121.00 Direct F1, F24
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $208.56 to $209.54, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F3 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $209.57 to $210.54, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F4 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $210.57 to $211.47, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F5 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.58 to $212.57, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F6 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $212.60 to $213.58, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F7 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $213.61 to $214.60, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F8 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $214.63 to $215.55, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F9 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $215.63 to $215.84, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F10 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $209.75 to $210.74, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F11 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $210.82 to $211.75, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F12 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.82 to $212.79, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F13 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $212.87 to $213.84, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F14 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $214.20 to $215.16, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F15 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $215.24 to $216.17, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F16 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $216.26 to $217.18, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F17 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $217.28 to $218.27, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F18 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $218.33 to $219.30, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F19 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $219.33 to $220.27, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F20 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $220.34 to $221.20, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F21 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $221.38 to $222.33, inclusive. The reporting person undertakes to provide to Novavax, Inc., any security holder of Novavax, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
F22 The shares subject to this option grant vested in four equal annual installments beginning on the first anniversary of the March 1, 2012 grant date.
F23 The shares subject to this option grant vested in four equal annual installments beginning on the first anniversary of the March 2, 2013 grant date.
F24 The shares subject to this option grant vested in four equal annual installments beginning on the first anniversary of the March 6, 2014 grant date.