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

Role: CEO and Director, Director
Signature: /s/ Ryan Spencer
Stock symbol: DVAX
Transactions as of: Aug 8, 2022
Transactions value $: -$252,399
Form type: 4
Date filed: 8/10/2022, 08:43 PM
Previous filing: Mar 4, 2022
Next filing: Dec 13, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DVAX	Common Stock	Options Exercise		+29.7K	+22.86%		159K	Aug 8, 2022	Direct	F1, F2
transaction	DVAX	Common Stock	Sale	-$252K	-14.9K	-9.36%	$16.92	145K	Aug 9, 2022	Direct	F3

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		+29.7K			9.89K	Aug 8, 2022	Common Stock	29.7K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock. These RSUs vested upon the Issuer's achievement of a certain performance condition.
F2	Not applicable
F3	The reporting person is reporting the sale of 14,921 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 August 8, 2022.