NOVAVAX INC

CUSIP: 670002104 Class: COMMON STOCK

SFE Investment Counsel's Holding History (CIK: 0001317784)

Note: Option positions (PUT/CALL) are excluded.

Q1 2019
Shares 10,000 Value ($000) $6 Avg Close — Range —
Q4 2018
Shares 10,000 Value ($000) $18 Avg Close — Range —