John A. Herrmann III - Jun 25, 2021 Form 4 Insider Report for NOVAVAX INC (NVAX)

Role
EVP, Chief Legal Officer
Signature
/s/ John A. Herrmann III
Stock symbol
NVAX
Transactions as of
Jun 25, 2021
Transactions value $
-$76,485
Form type
4
Date filed
6/29/2021, 05:08 PM
Previous filing
Jun 2, 2021
Next filing
Jul 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVAX Common Stock Options Exercise +834 +303.27% 1.11K Jun 25, 2021 Direct F1
transaction NVAX Common Stock Tax liability -$76.5K -403 -36.34% $189.79* 706 Jun 25, 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 NVAX Restricted Stock Units Options Exercise $0 -834 -33.36% $0.00 1.67K Jun 25, 2021 Common Stock 834 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Novavax, Inc. (the "Company") common stock.
F2 The RSUs subject to this grant under the Company's Amended and Restated 2015 Stock Incentive Plan, as amended, vested or will vest with respect to one-third (1/3) of the RSUs on each of the first three (3) anniversaries of the June 25, 2020 grant date, in each case subject to continued employment through such vesting date.