Robert Janssen - 10 Feb 2022 Form 4 Insider Report for DYNAVAX TECHNOLOGIES CORP (DVAX)

Signature
/s/ ROBERT JANSSEN
Issuer symbol
DVAX
Transactions as of
10 Feb 2022
Transactions value $
$0
Form type
4
Filing time
14 Feb 2022, 20:13:48 UTC
Previous filing
18 Nov 2021
Next filing
04 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVAX Common Stock Options Exercise +30,000 +3.62% 38,276 10 Feb 2022 Direct F1

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 +30,000 0 10 Feb 2022 Common Stock 30,000 Direct F1
transaction DVAX Stock Option (Right to Buy) Award $0 +75,000 $0 75,000 10 Feb 2022 Common Stock 75,000 $12.74 Direct F2
transaction DVAX Restricted Stock Unit Award +13,000 13,000 10 Feb 2022 Common Stock 13,000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSUs vest upon Issuer's common stock achieving a specified price per share for a specified period
F2 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 10, 2022, and one thirty-sixth (1/36) of the shares subject to the option vesting each month thereafter.
F3 Each Restricted Stock Unit ("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