SEC Form 4 · accession 0001209191-16-096881
DYNAVAX TECHNOLOGIES CORP · DVAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Louis Johnson
Officer — Vice President
Period of report
Feb 5, 2016
Accepted (ET)
Feb 9, 2016 · 5:08 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)F1,F3,F2 | $21.05 | Feb 5, 2016 | A | 30,000 | A | — | Feb 4, 2026 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1At employee's election by a defined date, equity grant may be received as: (a) stock options, (b) restricted stock units at a ratio of 1.6 options for each restricted stock unit, or (c) 50% as stock options and 50% as restricted stock units at a ratio of 1.6 options for each restricted stock unit. Each restricted stock unit represents a right to receive one share of common stock.
- F2This equity grant will vest over four (4) years with one fourth (1/4) of the shares subject to vesting twelve months after the grant date, and one forty-eighth (1/48) of the shares subject to the grant vesting on the last day of each month thereafter.
- F3Not applicable.