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

Role
VP, Accounting and Bus Ops
Signature
/s/ Andrew J. Novak
Issuer symbol
N/A
Transactions as of
26 May 2021
Net transactions value
$0
Form type
4
Filing time
28 May 2021, 16:59:16 UTC
Previous filing
19 May 2021
Next filing
09 Jun 2022
SEC
View on sec.gov

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 +7,550 $0.000000 7,550 26 May 2021 Common Stock 7,550 $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.