David Novack - Feb 10, 2024 Form 4 Insider Report for DYNAVAX TECHNOLOGIES CORP (DVAX)

Signature
/s/ DAVID NOVACK
Stock symbol
DVAX
Transactions as of
Feb 10, 2024
Transactions value $
-$40,396
Form type
4
Date filed
2/13/2024, 08:56 PM
Previous filing
Feb 6, 2024
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVAX Common Stock Options Exercise +8.83K +58.11% 24K Feb 10, 2024 Direct F1, F2
transaction DVAX Common Stock Tax liability -$40.4K -3.15K -13.11% $12.82 20.9K Feb 12, 2024 Direct F3, F4

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 -8.83K -50% 8.83K Feb 10, 2024 Common Stock 8.83K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Code M: Exercise or conversion of derivative security
F2 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.
F3 Code F: Payment of exercise price or tax liability by delivering or withholding securities
F4 Shares withheld by Dynavax Technologies Corporation to satisfy tax withholding requirements on vesting of restricted stock units.