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

Role: SVP and CFO
Signature: /s/ KELLY MACDONALD
Issuer symbol: DVAX
Transactions as of: 27 Feb 2023
Net transactions value: -$30,821
Form type: 4
Filing time: 01 Mar 2023, 15:52:25 UTC
Previous filing: 21 Feb 2023
Next filing: 13 Feb 2024
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		+5,334			5,334	27 Feb 2023	Direct	F1
transaction	DVAX	Common Stock	Tax liability	$30,821	-2,975	-56%	$10.36	2,359	27 Feb 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		-5,334	-33%		10,666	27 Feb 2023	Common Stock	5,334		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.