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"Insiders might sell their shares for any number of reasons, but they buy them for only one:
they think the price will rise" - Peter Lynch ==>> What is insider trading>> |

| Transaction & Date | Reported Date |
Company | Symbol | Insider Relationship |
Shares Traded | Average Price | Total Amount |
Shares Ownership |
Filing |
| 2006-03-02- -2006-03-03 Sale(A) |
2006-03-21 4:29 pm | NOVAVAX INC | NVAX | KELLY MITCHELL J (Director) | 1,739,601 | $5.4 | $9,393,960 | 500 (Indirect) | View |
| 2006-03-02- -2006-03-03 Sale |
2006-03-06 4:35 pm | NOVAVAX INC | NVAX | KELLY MITCHELL J (Director) | 1,739,601 | $5.4 | $9,393,960 | 500 (Indirect) |
View |
| 2005-09-09 Sale |
2005-09-13 4:15 pm |
NOVAVAX INC | NVAX | KELLY MITCHELL J (Director) | 260,000 | $1.571 | $408,512 | 1,740,101 (Indirect) |
View |
| 2004-12-28- -2004-12-30 Sale |
2004-12-30 3:27 pm | NOVAVAX INC | NVAX | KELLY MITCHELL J (Director) | 60,000 | $3.27 | $196,190 | 2,000,101 (Indirect) |
View |
| 2004-12-20- -2004-12-21 Sale | 2004-12-22 4:40 pm |
NOVAVAX INC | NVAX | KELLY MITCHELL J (Director) | 40,000 | $3.312 | $132,495 | 95,000 (Direct Indirect) | View |
| Transaction & Date |
Reported Date | Exercisable Expiration |
Company | Symbol | Insider Relationship | Shares Traded |
Conversion Price | Shares Ownership | Filing |
| 2006-02-17 Option Award | 2006-02-22 2:34 pm |
2006-08-17 2016-02-17 | NOVAVAX INC | NVAX | KELLY MITCHELL J (Director) | 15,000 | $4.6 | 15,000 (Direct) |
View |
| 2005-05-04 Option Award | 2005-05-06 2:10 pm |
2006-05-04 2015-05-04 | NOVAVAX INC | NVAX | KELLY MITCHELL J (Director) | 15,000 | $1.48 | 95,000 (Direct) | View |
| 2004-03-09 Option Award | 2004-03-15 3:38 pm | 2004-09-09 2014-03-09 |
NOVAVAX INC | NVAX | KELLY MITCHELL J (Director) | 20,000 | $5.95 | 270,000 (Direct) |
View |
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