Justin Burgess - 15 Feb 2024 Form 4 Insider Report for DYNAVAX TECHNOLOGIES CORP (DVAX)

Role
Chief Accounting Officer
Signature
/s/ JUSTIN BURGESS
Issuer symbol
DVAX
Transactions as of
15 Feb 2024
Net transactions value
-$29,511
Form type
4
Filing time
20 Feb 2024, 16:42:59 UTC
Previous filing
13 Feb 2024
Next filing
04 Mar 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 +6,667 +73% 15,803 16 Feb 2024 Direct F1, F2
transaction DVAX Common Stock Tax liability $29,511 -2,378 -15% $12.41 13,425 16 Feb 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 -6,667 -33% 13,333 16 Feb 2024 Common Stock 6,667 Direct F1, F2
transaction DVAX Stock Options (Right to Buy) Award $0 +13,500 $0.000000 13,500 15 Feb 2024 Common Stock 13,500 $12.48 Direct F5, F6
transaction DVAX Restricted Stock Unit Award +21,900 21,900 15 Feb 2024 Common Stock 21,900 Direct F5, F7
* 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 16, 2023.
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.
F5 Code A: Grant, award or other acquisition
F6 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 15, 2024, and one thirty-sixth (1/36) of the shares subject to the option vesting each month thereafter.
F7 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 15, 2024.