DYNAVAX TECHNOLOGIES CORP — Director's Dealing 2017

Feb 7, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DYNAVAX TECHNOLOGIES CORP (DVAX)
CIK: 0001029142
Period of Report: 2017-02-04

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-04	Common Stock	M	50000	$0.00	Acquired	55250	Direct
2017-02-04	Common Stock	F	19677	$4.00	Disposed	35573	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-04	Restricted Stock Unit	$	M	50000	Disposed	2024-02-03	Common Stock (50000)	Direct

Footnotes

F1: Each restricted stock unit represents a right to receive one share of common stock.

F2: The reporting person is reporting the withholding by Dynavax Technologies Corporation of 19,677 shares of common stock to satisfy the reporting
person's tax withholding obligations in connection with the delivery of common stock to the reporting person on February 4, 2017.

F3: Represents the conversion upon vesting of restricted stock awards into common stock. The reporting person was granted 50,000 restricted stock
units on February 4, 2014 which vested on February 4, 2017. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission on February 6, 2014.