Kelly MacDonald - Feb 27, 2023 Form 4 Insider Report for DYNAVAX TECHNOLOGIES CORP (DVAX)

Signature
/s/ KELLY MACDONALD
Stock symbol
DVAX
Transactions as of
Feb 27, 2023
Transactions value $
-$30,821
Form type
4
Date filed
3/1/2023, 03:52 PM
Previous filing
Feb 21, 2023
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVAX Common Stock Options Exercise +5.33K 5.33K Feb 27, 2023 Direct F1
transaction DVAX Common Stock Tax liability -$30.8K -2.98K -55.77% $10.36 2.36K Feb 27, 2023 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 -5.33K -33.34% 10.7K Feb 27, 2023 Common Stock 5.33K Direct F1
* 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. The RSUs vest over three years with 1/3 vesting on each annual anniversary of February 10, 2022
F2 The reporting person is reporting the withholding by Dynavax Technologies Corporation of 2,975 shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the delivery of common stock to the reporting person on February 27, 2023.