Andrew Novak - May 26, 2021 Form 4 Insider Report for Novan, Inc. (NOVNQ)

Role
VP, Accounting and Bus Ops
Signature
/s/ Andrew J. Novak
Stock symbol
NOVNQ
Transactions as of
May 26, 2021
Transactions value $
$0
Form type
4
Date filed
5/28/2021, 04:59 PM
Previous filing
May 19, 2021
Next filing
Jun 9, 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 NOVNQ Stock Option (Right to Buy) Award $0 +7.55K $0.00 7.55K May 26, 2021 Common Stock 7.55K $9.19 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests in three equal annual installments, with the first installment vesting on May 26, 2022.