Francis Cano - May 23, 2024 Form 4 Insider Report for DYNAVAX TECHNOLOGIES CORP (DVAX)

Role
Director
Signature
Francis Cano, by /s/ Trevor Dutcher, Attorney-in-Fact
Stock symbol
DVAX
Transactions as of
May 23, 2024
Transactions value $
$0
Form type
4
Date filed
5/28/2024, 08:18 PM
Previous filing
May 31, 2023
Next filing
Jun 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVAX Common Stock Award $0 +5.36K +16.98% $0.00 36.9K May 23, 2024 Direct F1
transaction DVAX Common Stock Options Exercise $44.3K +7.5K +20.32% $5.90 44.4K May 24, 2024 Direct
transaction DVAX Common Stock Tax liability -$44.3K -3.89K -8.75% $11.39 40.5K May 24, 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DVAX Stock Option (Right to Buy) Award $0 +22.5K $0.00 22.5K May 23, 2024 Common Stock 22.5K $11.79 Direct F3
transaction DVAX Stock Option (Right to Buy) Options Exercise $0 +7.5K $0.00* 0 May 24, 2024 Common Stock 7.5K $5.90 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of DVAX Common Stock. The RSU will fully vest one year from the date of grant, provided that Reporting Person continues to provide services to the Company through such vesting date. The release of RSU shares shall be mandatorily deferred six months and one day after the Reporting Person no longer provides services to the Company.
F2 Represents the number of shares withheld to cover option exercise cost.
F3 This option grant fully vests and becomes exercisable one year from date of grant, provided that Reporting Person continues to provide services to the Company through such vesting date.