SEC Form 4 · accession 0001209191-18-048287
Novan, Inc. · NOVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff N Hunter
Officer — EVP & Chief Business Officer
Period of report
Aug 22, 2018
Accepted (ET)
Aug 24, 2018 · 8:41 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001467154
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 22, 2018 | M | 11,667 | $1.12 | A | 186,666 | D | |
| Common Stock | holding | — | — | — | 41,666 | I | By spouse |
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 | $1.12 | Aug 22, 2018 | M | 11,667 | D | — | Mar 14, 2024 | Common Stock | 11,667 | 0 | D |
Explanation of responses
- F1This option was granted on March 14, 2014. The option vested in three equal installments beginning on the first anniversary of the grant date.