-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IsTQ3JkqxKbal939Iig7g3u5WBrhoAbqDxNun2WPs5ePS2rur5211ayHDtB9OaN6 VoCg2GNWoJhNJn5/DuMTWw== 0001170961-07-000021.txt : 20070309 0001170961-07-000021.hdr.sgml : 20070309 20070309171057 ACCESSION NUMBER: 0001170961-07-000021 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070307 FILED AS OF DATE: 20070309 DATE AS OF CHANGE: 20070309 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NOVAVAX INC CENTRAL INDEX KEY: 0001000694 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 222816046 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 508 LAPP ROAD CITY: MALVERN STATE: PA ZIP: 19355 BUSINESS PHONE: 4849131200 MAIL ADDRESS: STREET 1: 508 LAPP ROAD CITY: MALVERN STATE: PA ZIP: 19355 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LAMBERT JOHN A CENTRAL INDEX KEY: 0001229443 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26770 FILM NUMBER: 07685344 BUSINESS ADDRESS: STREET 1: C/O CHIRON CORP STREET 2: 4560 HORTON STREET CITY: EMERYVILLE STATE: CA ZIP: 94608-2916 BUSINESS PHONE: 5109232910 4 1 primary_doc.xml PRIMARY DOCUMENT X0202 4 2007-03-07 0 0001000694 NOVAVAX INC NVAX 0001229443 LAMBERT JOHN A C/O NOVAVAX, INC. 9920 BELWARD CAMPUS DRIVE ROCKVILLE MD 20850 1 0 0 0 Common Stock 2007-03-07 4 A 0 100000 0 A 100000 D Option - right to buy 2.77 2007-03-07 4 A 0 250000 0 A 2017-03-07 Common Stock 250000 250000 D Represents a grant of 100,000 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Novavax common stock. The restricted stock units vest in five separate tranches of 20,000 units: (i) two tranches vest upon Novavax's achievement of certain performance criteria; (ii) one tranche vests upon Novavax's common stock achieving a market price of $6.00 per share; (iii) one tranche vests upon Novavax's common stock achieving a market price of $10.00 per share; and (iv) one tranche vests on March 7, 2010. The entire award of restricted stock units to Mr. Lambert is contingent upon stockholder approval of an amendment (the "Amendment") to Novavax's 2005 Stock Incentive Plan (the "Plan") to increase the number of shares available for issuance under the Plan. The Amendment was approved by Novavax's Board on March 7, 2007 and will be submitted to Novavax's stockholders for approval at Novavax's 2007 stockholders' meeting, which is scheduled for June 2007. The options vest in five separate tranches of 50,000 options: (i) two tranches vest upon Novavax's achievement of certain performance criteria; (ii) one tranche vests upon Novavax's common stock achieving a market price of $6.00 per share; (iii) one tranche vests upon Novavax's common stock achieving a market price of $10.00 per share; and (iv) one tranche vests on March 7, 2010. /s/Jeffrey W. Church, as attorney-in-fact for John A. Lambert 2007-03-09 -----END PRIVACY-ENHANCED MESSAGE-----