Ryan Spencer - 10 Feb 2022 Form 4 Insider Report for DYNAVAX TECHNOLOGIES CORP (DVAX)

Role
CEO and Director, Director
Signature
RYAN SPENCER by /s/ Trevor Dutcher, Attorney-in-Fact
Issuer symbol
DVAX
Transactions as of
10 Feb 2022
Net transactions value
+$6,675
Form type
4
Filing time
14 Feb 2022, 20:09:34 UTC
Next filing
04 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVAX Common Stock Award $6,675 +1,969 +2.8% $3.39 71,589 13 Aug 2021 Direct F1
transaction DVAX Common Stock Options Exercise $0 +89,250 +125% $0.000000 160,839 10 Feb 2022 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 Options Exercise +89,250 0 10 Feb 2022 Common Stock 89,250 Direct F2
transaction DVAX Stock Option (Right to Buy) Award $0 +350,000 $0.000000 350,000 10 Feb 2022 Commont Stock 350,000 $12.74 Direct F3
transaction DVAX Restricted Stock Unit Award +62,500 62,500 10 Feb 2022 Common Stock 62,500 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,969 shares acquired under Issuer's 2014 Employee Stock Purchase Plan (ESPP) on August 13, 2021.
F2 The RSUs vest upon Issuer's common stock achieving a specified price per share for a specified period.
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 10, 2022, and one thirty-sixth (1/36) of the shares subject to the option vesting each month thereafter.
F4 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 February 10, 2022