Yuichi Iwaki - Jan 27, 2022 Form 4 Insider Report for MEDICINOVA INC (MNOV)

Role
President and CEO, Director
Signature
/s/ Yuichi Iwaki
Stock symbol
MNOV
Transactions as of
Jan 27, 2022
Transactions value $
$0
Form type
4
Date filed
1/31/2022, 08:00 PM
Previous filing
Jul 23, 2021
Next filing
Jan 25, 2023

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) Award $0 +303K $0.00 303K Jan 27, 2022 Common Stock 303K $5.92 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 18, 2021, the reporting person was granted an option to purchase 550,000 shares of common stock. The option vests based on the satisfaction of certain performance criteria for the fiscal year ended December 31, 2021. Such performance criteria for 2021 were achieved at the 55% attainment level, resulting in vesting of the option as to 302,500 shares.