David Novack - Mar 18, 2025 Form 4 Insider Report for DYNAVAX TECHNOLOGIES CORP (DVAX)

Signature
/s/ David Novack
Stock symbol
DVAX
Transactions as of
Mar 18, 2025
Transactions value $
-$190,392
Form type
4
Date filed
3/20/2025, 06:15 PM
Previous filing
Mar 10, 2025
Next filing
Mar 26, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVAX Common Stock Sale -$190K -14K -63.44% $13.58 8.08K Mar 18, 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan adopted on December 6, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $13.47 to $13.66; he price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, Dynavax, or a security holder of Dynavax.