Geoffrey OBrien - 19 May 2021 Form 4 Insider Report for MEDICINOVA INC (MNOV)

Signature
/s/ Geoffrey O'Brien
Issuer symbol
MNOV
Transactions as of
19 May 2021
Net transactions value
+$109,122
Form type
4
Filing time
20 May 2021, 17:26:11 UTC
Next filing
31 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNOV Common Stock Options Exercise $81,280 +32,000 +640% $2.54 37,000 19 May 2021 Direct
transaction MNOV Common Stock Options Exercise $27,842 +11,318 +31% $2.46 48,318 19 May 2021 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 MNOV Employee Stock Option (Right to Buy) Options Exercise $0 -32,000 -100% $0.000000* 0 19 May 2021 Common Stock 32,000 $2.54 Direct F1
transaction MNOV Employee Stock Option (Right to Buy) Options Exercise $0 -11,318 -43% $0.000000 14,932 19 May 2021 Common Stock 11,318 $2.46 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vested over a period of 4 years in equal monthly installments from the 7/13/2011 date of grant and is now fully vested.
F2 The option was granted on 8/3/2011, was subject to vesting based on achievement of performance criteria and vested in full on 6/14/2012.