Filing Details

Accession Number:
0001467154-20-000029
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-05 16:16:36
Reporting Period:
2020-03-03
Accepted Time:
2020-03-05 16:16:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1467154 Novan Inc. NOVN () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1182185 W John Palmour C/O Novan, Inc.
4105 Hopson Road
Morrisville NC 27560
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-03-03 200,000 $0.00 493,568 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrant (Right to Buy) Acquisiton 2020-03-03 200,000 $0.00 200,000 $0.30
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
200,000 2025-03-03 No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 274,875 Indirect By Palmour 2012 Irrevocable Children's Trust
Footnotes
  1. The combined price for each share of common stock and the accompanying warrant (disclosed in Table II) was $0.30.
  2. The warrants to purchase 200,000 shares of Common Stock of the Issuer may be exercised at any time prior to the expiration date.
  3. The combined price for each share of common stock (disclosed in Table I) and the accompanying warrant was $0.30.