Moses Makunje - Nov 27, 2023 Form 3 Insider Report for Nuvation Bio Inc. (NUVB)

Role
Title: VP, Finance and principal financial and accounting officer.
Signature
Moses Makunje, by /s/ Ron A. Metzger, Attorney-in-Fact.
Stock symbol
NUVB
Transactions as of
Nov 27, 2023
Transactions value $
$0
Form type
3
Date filed
11/27/2023, 04:09 PM
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NUVB Class A Common Stock 10.6K Nov 27, 2023 Direct

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
holding NUVB Stock Option (Right to Buy) Nov 27, 2023 Class A Common Stock 113K $1.74 Direct F1
holding NUVB Stock Option (Right to Buy) Nov 27, 2023 Class A Common Stock 113K $4.60 Direct F2
holding NUVB Stock Option (Right to Buy) Nov 27, 2023 Class A Common Stock 291K $5.06 Direct F3
holding NUVB Stock Option (Right to Buy) Nov 27, 2023 Class A Common Stock 233K $2.93 Direct F4
holding NUVB Stock Option (Right to Buy) Nov 27, 2023 Class A Common Stock 194K $1.94 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option vests as to 25% on the one year anniversary of 7/21/2020, and monthly thereafter over the following 36 months, subject to Reporting Person's continuous service on each such vesting date.
F2 The shares subject to the Option will vest based on the satisfaction of both time-based and performance-based vesting criteria. As of November 27, 2023, 22,540 of the shares subject to the Option have vested.
F3 Option vests as to 25% on the one year anniversary of 2/28/2022, and monthly thereafter over the following 36 months, subject to Reporting Person's continuous service on each such vesting date.
F4 Option vests as to 25% on the one year anniversary of 8/29/2022, and monthly thereafter over the following 36 months, subject to Reporting Person's continuous service on each such vesting date.
F5 Option vests as to 25% on the one year anniversary of 2/28/2023, and monthly thereafter over the following 36 months, subject to Reporting Person's continuous service on each such vesting date.

Remarks:

Title: VP, Finance and principal financial and accounting officer.