SEC Form 4 · accession 0001181431-15-002288
DYNAVAX TECHNOLOGIES CORP · DVAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Louis Johnson
Officer — Vice President & CAO
Period of report
Feb 9, 2015
Accepted (ET)
Feb 11, 2015 · 4:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001029142
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F2,F3,F1 | $16.00 | Feb 9, 2015 | A | 25,000 | A | — | Feb 8, 2025 | Common Stock | 25,000 | 45,000 | D |
Explanation of responses
- F1This 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 (12,500) of the options are subject to shareholder approval of an increase in the number of shares available under the 2011 Equity Incentive Plan.
- F2Not applicable.
- F3The number of derivative securities has been adjusted retroactively to reflect the company's reverse stock split on November 7, 2014.