James Patrick Kelly - 31 Dec 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
31 Dec 2024
Net transactions value
-$135,924
Form type
4
Filing time
03 Jan 2025, 17:41:48 UTC
Previous filing
20 Aug 2024
Next filing
04 Mar 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 $0 +35,000 +241% $0.000000 49,508 31 Dec 2024 Direct
transaction NVAX Common Stock Tax liability $135,924 -16,906 -34% $8.04 32,602 31 Dec 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 -35,000 -100% $0.000000 0 31 Dec 2024 Common Stock 35,000 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSUs subject to this grant under the Company's Amended and Restated 2015 Stock Incentive Plan, as amended, vest with respect to one-half (1/2) of the RSUs on each of the first two (2) anniversaries of the grant date, in each case subject to continued employment with the Company through such vesting date.