DYNAVAX TECHNOLOGIES CORP — Director's Dealing 2023

Mar 1, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DYNAVAX TECHNOLOGIES CORP (DVAX)
CIK: 0001029142
Period of Report: 2023-02-27

Reporting Person: Spencer Ryan (Director, CEO and Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-27	Common Stock	M	9888	—	Acquired	157855	Direct
2023-02-27	Common Stock	F	4670	$10.36	Disposed	153185	Direct
2023-02-27	Common Stock	M	20834	—	Acquired	174019	Direct
2023-02-27	Common Stock	F	10637	$10.36	Disposed	163382	Direct
2023-02-27	Common Stock	M	29750	—	Acquired	193132	Direct
2023-02-27	Common Stock	F	14673	$10.36	Disposed	178459	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-27	Restricted Stock Unit	$	M	29750	Disposed		Common Stock (29750)	Direct
2023-02-27	Restricted Stock Unit	$	M	20834	Disposed		Common Stock (20834)	Direct

Footnotes

F1: Each RSU represents a contingent right to receive one share of common stock. These RSUs vested upon Issuer's achievement of a certain performance condition.

F2: The reporting person is reporting the withholding by Dynavax Technologies Corporation of 4,670 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 27, 2023

F3: Each 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 10, 2022

F4: The reporting person is reporting the withholding by Dynavax Technologies Corporation of 10,637 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 27, 2023

F5: Each 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 4, 2021.

F6: The reporting person is reporting the withholding by Dynavax Technologies Corporation of 14,673 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 27, 2023