Filip Dubovsky - Jun 17, 2024 Form 4 Insider Report for NOVAVAX INC (NVAX)

Signature
/s/Mark J. Casey, Attorney-in-Fact
Stock symbol
NVAX
Transactions as of
Jun 17, 2024
Transactions value $
-$201,164
Form type
4
Date filed
6/20/2024, 05:08 PM
Previous filing
May 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVAX Common Stock Options Exercise $9.79K +1.4K +2.11% $6.97 68K Jun 17, 2024 Direct
transaction NVAX Common Stock Options Exercise $76.1K +12.5K +18.38% $6.09 80.5K Jun 17, 2024 Direct
transaction NVAX Common Stock Sale -$181K -12.5K -15.52% $14.46 68K Jun 17, 2024 Direct
transaction NVAX Common Stock Sale -$20.4K -1.4K -2.06% $14.54 66.6K Jun 17, 2024 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
transaction NVAX Stock Option (Right to Buy) Options Exercise -$9.79K -1.4K -2.94% $6.97 46.3K Jun 17, 2024 Common Stock 1.4K $6.97 Direct F1
transaction NVAX Stock Option (Right to Buy) Options Exercise -$76.1K -12.5K -25% $6.09 37.5K Jun 17, 2024 Common Stock 12.5K $6.09 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Twenty-five percent (25%) of the shares subject to this option granted under the Novavax, Inc. Amended and Restated 2015 Stock Incentive Plan, as amended, vest on the first anniversary of the grant date, and the remaining seventy-five percent (75%) of the shares vest in equal monthly installments over the following three (3) years, in each case subject to continued employment with the Company through such vesting date.