Andrew Novak - 21 Apr 2022 Form 4 Insider Report for Novan, Inc.

Reporting relationship: VP, Accounting and Bus Ops
Issuer ticker: N/A
Reported as of: 21 Apr 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 09 Jun 2022, 17:27:50 UTC
Prior SEC filing: 28 May 2021
Source filing: View source filing
Reporting owner signature: /s/ John M. Gay, by power of attorney

Key filing fact

Andrew Novak filed Form 4 for Novan, Inc. on 09 Jun 2022.

Key facts

This page summarizes Andrew Novak's Form 4 filing for Novan, Inc..
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 09 Jun 2022, 17:27.

Change

Previous filing in this sequence was filed on 28 May 2021.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NOVNQ transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +8,400
Change %
Price: $0.000000
Shares after: 8,400
Date: 21 Apr 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,400
Exercise price
Footnotes: F1, F2

NOVNQ transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +12,600
Change %
Price: $0.000000
Shares after: 12,600
Date: 21 Apr 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,600
Exercise price: $2.98
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The Reporting Person was granted restricted stock units ("RSUs"), and each RSU represents a contingent right to receive one share of the Issuer's Common Stock.

Footnote F2

The RSUs shall be fully vested on March 15, 2024, which is the second anniversary of the vesting commencement date.

Footnote F3

The option vests in three equal annual installments, with the first installment vesting on March 15, 2023.