DYNAVAX TECHNOLOGIES CORP — Director's Dealing 2021

Feb 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DYNAVAX TECHNOLOGIES CORP (DVAX)
CIK: 0001029142
Period of Report: 2021-02-03

Reporting Person: Novack David F (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-14	Common Stock	A	2500	$3.39	Acquired	134899	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-03	Restricted Stock Unit	$	A	52500	Acquired		Common Stock (52500)	Direct
2021-02-03	Stock Option (Right to Buy)	$9.41	A	150000	Acquired	2028-02-02	Common Stock (150000)	Direct

Footnotes

F1: Shares acquired under Issuer's 2014 Employee Stock Purchase Plan (ESPP) on August 14, 2020.

F2: 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 3, 2021

F3: 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 3, 2021, and one thirty-sixth (1/36) of the shares subject to the option vesting each month thereafter.