James Patrick Kelly - 16 Aug 2024 Form 4 Insider Report for NOVAVAX INC (NVAX)

Role: EVP, CFO and Treasurer
Signature: /s/Mark J. Casey, Attorney-in-Fact
Issuer symbol: NVAX
Transactions as of: 16 Aug 2024
Net transactions value: +$14,826
Form type: 4
Filing time: 20 Aug 2024, 17:06:20 UTC
Previous filing: 12 Mar 2024
Next filing: 03 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NVAX	Common Stock	Options Exercise	$30,676	+2,367	+18%	$12.96	15,652	16 Aug 2024	Direct
transaction	NVAX	Common Stock	Tax liability	$15,850	-1,223	-7.8%	$12.96	14,429	16 Aug 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	Restricted Stock Units	Options Exercise	$0	-2,367	-100%	$0.000000	0	16 Aug 2024	Common Stock	2,367	$0.000000	Direct	F1

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

Explanation of Responses:

Id	Content
F1	One-third (1/3) of the RSUs subject to this grant under the Plan vest on each of the first three (3) anniversaries of the grant date, in each case subject to continued employment through such vesting date.