DYNAVAX TECHNOLOGIES CORP — Director's Dealing 2016

Feb 9, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DYNAVAX TECHNOLOGIES CORP (DVAX)
CIK: 0001029142
Period of Report: 2016-02-05

Reporting Person: Johnson David Louis (Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-05	Option (Right to Buy)	$21.05	A	30000	Acquired	2026-02-04	Common Stock (30000)	Direct

Footnotes

F1: At employee's election by a defined date, equity grant may be received as: (a) stock options, (b) restricted stock units at a ratio of 1.6 options for each restricted stock unit, or (c) 50% as stock options and 50% as restricted stock units at a ratio of 1.6 options for each restricted stock unit. Each restricted stock unit represents a right to receive one share of common stock.

F2: This equity grant will vest over four (4) years with one fourth (1/4) of the shares subject to vesting twelve months after the grant date, and one forty-eighth (1/48) of the shares subject to the grant vesting on the last day of each month thereafter.

F3: Not applicable.