Michael J Lazarus MD

Insider

First SEC filing: Jan. 9, 2006 · Latest: Jan. 9, 2006

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Insider at

0 buys (P) 0 sells (S) Net: $0 + 5 non-open-market transactions below last 12 months, based on the transactions shown below

Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted

5 other filings hidden

Date	Ticker	Code	Shares	Price	Value	Owned after	Δ own	A/D	vs now
Feb. 17, 2006	NVAX	A	15,000	$4.60	$69,000	15,000 Direct	—	Acquired	-90.9% (price as of 2026-08-20)
Dec. 15, 2005	NVAX	M	10,000	—	—	0 Direct	-100.00%	Disposed	(price as of 2026-08-20)
Dec. 15, 2005	NVAX	S	10,000	$4.40	$44,000	11,927 Direct	-45.61%	Disposed	-90.5% (price as of 2026-08-20)
Dec. 15, 2005	NVAX	M	10,000	$3.75	$37,500	21,927 Direct	+83.84%	Acquired	-88.9% (price as of 2026-08-20)
May 4, 2005	NVAX	A	15,000	$1.48	$22,200	11,927 Direct	—	Acquired	-71.8% (price as of 2026-08-20)
March 9, 2004	NVAX	A	20,000	—	—	117,500 Direct	+20.51%	Acquired	(price as of 2026-08-20)
Jan. 23, 2003	NVAX	P	1,445	$3.17	$4,581	11,927 Direct	+13.79%	Acquired	-86.8% (price as of 2026-08-20)
Aug. 22, 2001	NVAX	P	482	$13.55	$6,531	11,927 Direct	+4.21%	Acquired	-96.9% (price as of 2026-08-20)

P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding

Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.

Options, RSUs and convertible securities reported on Form 4 Table II.

Date	Ticker	Security	Underlying	Exercise price	Expiration	Shares	A/D
Feb. 17, 2006	NVAX	Option	Common (15,000)	$4.60	Feb. 17, 2016	15,000	Acquired
Dec. 15, 2005	NVAX	Stock Option Right-to-Buy	Common (10,000)	$3.75	Dec. 29, 2005	10,000	Disposed
May 4, 2005	NVAX	Option (1)	Common (15,000)	$1.48	May 4, 2015	15,000	Acquired
March 9, 2004	NVAX	Right-To-Buy	Common (20,000)	$5.95	March 9, 2014	20,000	Acquired

Exercise/conversion price is blank when not applicable (e.g. RSUs).