SEC Form 4 · accession 0001209191-16-096438
DYNAVAX TECHNOLOGIES CORP · DVAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael S Ostrach
Officer — Senior Vice President
Period of report
Feb 4, 2016
Accepted (ET)
Feb 8, 2016 · 5:18 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF3,F1,F2 | — | Feb 4, 2016 | A | 21,000 | A | — | Feb 3, 2026 | Common Stock | 21,000 | 21,000 | D |
| Option (Right to Buy)F3,F4 | $21.99 | Feb 4, 2016 | A | 84,000 | A | — | Feb 3, 2023 | Common Stock | 84,000 | 84,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2These restricted stock units shall vest upon achievement of certain performance conditions.
- F3Not applicable.
- F4This 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, and one thirty-sixth (1/36) of the shares subject to the option vesting on the last day of each month thereafter, providing further that the options are subject to approval by our stockholders of an increase in the number of shares available under the 2011 Equity Incentive Plan.