Scott Myers - Oct 19, 2021 Form 4 Insider Report for DYNAVAX TECHNOLOGIES CORP (DVAX)

Role
Director
Signature
Scott D. Myers, by /s/ Ron Metzger, Attorney-in-Fact
Stock symbol
DVAX
Transactions as of
Oct 19, 2021
Transactions value $
$0
Form type
4
Date filed
10/21/2021, 05:04 PM
Previous filing
May 14, 2021
Next filing
Oct 26, 2021

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 +10.7K 10.7K Oct 19, 2021 Common Stock 10.7K Direct F1
transaction DVAX Stock Option (Right to Buy) Award $0 +45K $0.00 45K Oct 19, 2021 Common Stock 45K $17.55 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("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 October 19, 2021, provided that Reporting Person continues to provide services to the Company through each vesting date. The release of RSU shares will be mandatorily deferred until the Reporting Person no longer provides services to the Company.
F2 This option grant vests over three years with 1/3 vesting on each annual anniversary of October 19, 2021, provided that Reporting Person continues to provide services to the Company through each vesting date.