Ryan Spencer - Feb 13, 2025 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 13, 2025
Transactions value $
-$402,197
Form type
4
Date filed
2/18/2025, 05:24 PM
Previous filing
Feb 12, 2025
Next filing
Feb 20, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVAX Common Stock Options Exercise +62.5K +29.62% 274K Feb 13, 2025 Direct F1
transaction DVAX Common Stock Tax liability -$402K -31.7K -11.57% $12.69 242K Feb 13, 2025 Direct F2, 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 Award +62.5K 62.5K Feb 13, 2025 Common Stock 62.5K Direct F1
transaction DVAX Restricted Stock Unit Options Exercise -62.5K -100% 0 Feb 13, 2025 Common Stock 62.5K Direct F1
transaction DVAX Stock Option (Right to Buy) Award +225K 225K Feb 13, 2025 Common Stock 225K $12.69 Direct F4
transaction DVAX Restricted Stock Unit Award +136K 136K Feb 13, 2025 Common Stock 136K Direct F5
* 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 the Issuer's achievement of a certain performance condition.
F2 Shares withheld by Dynavax Technologies Corporation to satisfy tax withholding requirements on vesting of restricted stock units.
F3 Includes 433 shares acquired under Issuer's 2014 Employee Stock Purchase Plan (ESPP) on February 14, 2025.
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 13, 2025, and one thirty-sixth (1/36) of the shares subject to the option vesting each month thereafter.
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 13, 2025.