DYNAVAX TECHNOLOGIES CORP — Director's Dealing 2015

Feb 11, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DYNAVAX TECHNOLOGIES CORP (DVAX)
CIK: 0001029142
Period of Report: 2015-02-09

Reporting Person: OSTRACH MICHAEL S (Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-09	Option (Right to Buy)	$16.00	A	67000	Acquired	2025-02-08	Common Stock (67000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8772	Direct

Footnotes

F1: Represents the amount of securities beneficially owned as previously disclosed. The number of shares has been adjusted retroactively to reflect the company's reverse stock split on November 7, 2014.

F2: 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, providing further that half (33,500) of the options are subject to shareholder approval of an increase in the number of shares available under the 2011 Equity Incentive Plan.

F3: Not applicable.

F4: The number of derivative securities has been adjusted retroactively to reflect the company's reverse stock split on November 7, 2014.