DYNAVAX TECHNOLOGIES CORP — Director's Dealing 2014

Feb 4, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DYNAVAX TECHNOLOGIES CORP (DVAX)
CIK: 0001029142
Period of Report: 2014-01-31

Reporting Person: Gray Eddie (Director, CEO and Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-31	Option (Right to Buy)	$1.74	A	750000	Acquired	2024-01-30	Common Stock (750000)	Direct

Footnotes

F1: This option grant will vest over four (4) years with one fourth (1/4) of the shares subject to the option vesting twelve months after the grant date, and one forty-eighth (1/48) of the shares subject to the option vesting on the last day of each month thereafter.

F2: Not Applicable

F3: This stock option grant is made pursuant to the offer letter agreement dated as of April 3, 2013, by and between Eddie Gray and Dynavax Technologies Corporation.