Justin Burgess - Aug 8, 2022 Form 4 Insider Report for DYNAVAX TECHNOLOGIES CORP (DVAX)

Role
Chief Accounting Officer
Signature
/s/ Justin Burgess
Stock symbol
DVAX
Transactions as of
Aug 8, 2022
Transactions value $
-$178,276
Form type
4
Date filed
8/9/2022, 07:57 PM
Previous filing
May 18, 2022
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVAX Common Stock Options Exercise $56.8K +10.5K +271.72% $5.42 14.3K Aug 8, 2022 Direct
transaction DVAX Common Stock Options Exercise $77.2K +8.2K +57.24% $9.41 22.5K Aug 8, 2022 Direct
transaction DVAX Common Stock Sale -$312K -18.7K -82.89% $16.72 3.85K Aug 8, 2022 Direct F1

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 Stock Option (Right to Buy) Options Exercise -10.5K -80.55% 2.53K Aug 8, 2022 Common Stock 10.5K $5.42 Direct F2, F3
transaction DVAX Stock Option (Right to Buy) Options Exercise -8.2K -49.4% 8.4K Aug 8, 2022 Common Stock 8.2K $9.41 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All shares were sold at $16.72.
F2 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 12, 2020, and one thirty-sixth (1/36) of the shares subject to the option vesting each month thereafter.
F3 Not applicable.
F4 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 3, 2021, and one thirty-sixth (1/36) of the shares subject to the option vesting each month thereafter.