Colleen Sjogren - 09 Apr 2024 Form 4 Insider Report for Nuvation Bio Inc. (NUVB)

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	+500,000		$0.000000	500,000	09 Apr 2024	Class A Common Stock	500,000	$3.23	Direct	F1
transaction	NUVB	Stock Option (Right to Buy)	Award	$0	+250,000		$0.000000	250,000	09 Apr 2024	Class A Common Stock	250,000	$3.23	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Option vests as to 25% on the one year anniversary of 3/27/2024, 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 Options will vest based on the satisfaction of both time-based and performance-based vesting criteria.