Miyoko Christina Yi - Dec 16, 2021 Form 4 Insider Report for Provention Bio, Inc. (PRVB)

Signature
/s/ Thierry Chauche
Stock symbol
PRVB
Transactions as of
Dec 16, 2021
Transactions value $
$0
Form type
4
Date filed
12/20/2021, 04:02 PM
Next filing
Jan 20, 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 PRVB Stock Option (right to buy) Award $0 +150K $0.00 150K Dec 16, 2021 Common Stock, par value $0.0001 150K $5.88 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 16, 2021 the Reporting Person was granted a stock option for 150,000 shares of Common Stock which vests in four equal annual installments commencing on December 16, 2021. Reporting Person was also granted 150,000 stock options under the Issuer's 2020 Inducement Plan with performance-based vesting triggers that will be reported, if and when vested, consistent with the applicable reporting requirements.
F2 The stock options were granted pursuant to the Issuer's 2020 Inducement Plan.