Robert Janssen - 13 Feb 2025 Form 4 Insider Report for DYNAVAX TECHNOLOGIES CORP (DVAX)

Role
SVP and CMO
Signature
/s/ Robert Janssen
Issuer symbol
DVAX
Transactions as of
13 Feb 2025
Net transactions value
-$58,552
Form type
4
Filing time
18 Feb 2025, 17:08:12 UTC
Previous filing
12 Feb 2025
Next filing
20 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVAX Common Stock Options Exercise +13,000 +21% 74,236 13 Feb 2025 Direct F1
transaction DVAX Common Stock Tax liability $58,552 -4,614 -6.2% $12.69 69,622 13 Feb 2025 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 Restricted Stock Unit Award +13,000 13,000 13 Feb 2025 Common Stock 13,000 Direct F1
transaction DVAX Restricted Stock Unit Options Exercise -13,000 -100% 0 13 Feb 2025 Common Stock 13,000 Direct F1
transaction DVAX Stock Options (Right to Buy) Award +55,000 55,000 13 Feb 2025 Common Stock 55,000 $12.69 Direct F3
transaction DVAX Restricted Stock Unit Award +33,333 33,333 13 Feb 2025 Common Stock 33,333 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of common stock. These RSUs vested upon the Issuer's achievement of a certain performance condition.
F2 Shares withheld by Dynavax Technologies Corporation to satisfy tax withholding requirements on vesting of restricted stock units.
F3 This option grant will vest over three (3) years with one third (1/3) of the shares subject to the option vesting twelve months after the grant date of February 13, 2025, and one thirty-sixth (1/36) of the shares subject to the option vesting each month thereafter.
F4 Each RSU represents a contingent right to receive one share of common stock. The RSUs vest over three years with 1/3 vesting on each annual anniversary of February 13, 2025.