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

Signature
/s/ DAVID NOVACK
Stock symbol
DVAX
Transactions as of
Feb 15, 2024
Transactions value $
$11,406
Form type
4
Date filed
2/20/2024, 06:36 PM
Previous filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVAX Common Stock Award $11.4K +1.21K +5.78% $9.45 22.1K Feb 15, 2024 Direct F1, F2

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 Options (Right to Buy) Award $0 +95K $0.00 95K Feb 15, 2024 Common Stock 95K $12.48 Direct F1, F3
transaction DVAX Restricted Stock Unit Award +67.9K 67.9K Feb 15, 2024 Common Stock 67.9K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Code A: Grant, award or other acquisition
F2 Includes 1,207 shares acquired under Issuer's 2014 Employee Stock Purchase Plan (ESPP) on February 15, 2024.
F3 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.
F4 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.