Ryan Spencer - Feb 27, 2023 Form 4 Insider Report for DYNAVAX TECHNOLOGIES CORP (DVAX)

Role
CEO and Director, Director
Signature
/s/ RYAN SPENCER
Stock symbol
DVAX
Transactions as of
Feb 27, 2023
Transactions value $
-$310,593
Form type
4
Date filed
3/1/2023, 03:59 PM
Previous filing
Feb 21, 2023
Next filing
Feb 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVAX Common Stock Options Exercise +9.89K +6.68% 158K Feb 27, 2023 Direct F1
transaction DVAX Common Stock Tax liability -$48.4K -4.67K -2.96% $10.36 153K Feb 27, 2023 Direct F2
transaction DVAX Common Stock Options Exercise +20.8K +13.6% 174K Feb 27, 2023 Direct F3
transaction DVAX Common Stock Tax liability -$110K -10.6K -6.11% $10.36 163K Feb 27, 2023 Direct F4
transaction DVAX Common Stock Options Exercise +29.8K +18.21% 193K Feb 27, 2023 Direct F5
transaction DVAX Common Stock Tax liability -$152K -14.7K -7.6% $10.36 178K Feb 27, 2023 Direct F6

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 -29.8K -50% 29.8K Feb 27, 2023 Common Stock 29.8K Direct F5
transaction DVAX Restricted Stock Unit Options Exercise -20.8K -33.33% 41.7K Feb 27, 2023 Common Stock 20.8K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of common stock. These RSUs vested upon Issuer's achievement of a certain performance condition.
F2 The reporting person is reporting the withholding by Dynavax Technologies Corporation of 4,670 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 February 27, 2023
F3 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
F4 The reporting person is reporting the withholding by Dynavax Technologies Corporation of 10,637 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 February 27, 2023
F5 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 4, 2021.
F6 The reporting person is reporting the withholding by Dynavax Technologies Corporation of 14,673 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 February 27, 2023