SEC Form 4 · accession 0001209191-18-012984
Novan, Inc. · NOVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nathan Stasko
Officer — President & CSO, Director · Director
Period of report
Feb 12, 2018
Accepted (ET)
Feb 23, 2018 · 4:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001467154
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $3.03 | Feb 12, 2018 | A | 35,000 | A | — | Feb 11, 2028 | Common Stock | 35,000 | 35,000 | D |
Explanation of responses
- F1One thirty-sixth (1/36) of the shares subject to this option shall vest monthly following February 12, 2018 (the "Vesting Commencement Date") such that on the third anniversary of the Vesting Commencement Date the shares subject to this option shall be fully vested.