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

Role
Chief Accounting Officer
Signature
/s/ JUSTIN BURGESS
Stock symbol
DVAX
Transactions as of
Feb 15, 2024
Transactions value $
-$29,511
Form type
4
Date filed
2/20/2024, 04:42 PM
Previous filing
Feb 13, 2024
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVAX Common Stock Options Exercise +6.67K +72.98% 15.8K Feb 16, 2024 Direct F1, F2
transaction DVAX Common Stock Tax liability -$29.5K -2.38K -15.05% $12.41 13.4K Feb 16, 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 -6.67K -33.34% 13.3K Feb 16, 2024 Common Stock 6.67K Direct F1, F2
transaction DVAX Stock Options (Right to Buy) Award $0 +13.5K $0.00 13.5K Feb 15, 2024 Common Stock 13.5K $12.48 Direct F5, F6
transaction DVAX Restricted Stock Unit Award +21.9K 21.9K Feb 15, 2024 Common Stock 21.9K 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.