SEC Form 4 · accession 0001209191-17-008446
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
Dec 5, 2016
Accepted (ET)
Feb 7, 2017 · 6:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001029142
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 5, 2017 | M | 4,688 | $0.00 | A | 4,688 | D | |
| Common StockF2 | Feb 5, 2017 | F | 2,052 | $4.00 | D | 2,636 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F3 | — | Dec 5, 2016 | A | 20,000 | A | — | Dec 4, 2023 | Common Stock | 20,000 | 20,000 | D |
| Restricted Stock UnitF1,F4 | — | Feb 5, 2017 | M | 4,688 | D | — | Feb 4, 2026 | Common Stock | 4,688 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a right to receive one share of common stock.
- F2The reporting person is reporting the withholding by Dynavax Technologies Corporation of 2,052 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 5, 2017.
- F3This restricted stock unit will vest one fourth (1/4) of the shares subject to the restricted stock unit on December 31, 2017, and three fourths (3/4) of the shares subject to the restricted stock unit on December 31, 2018.
- F4Represents the conversion upon vesting of restricted stock awards into common stock. The reporting person was granted 18,750 restricted stock units on February 5, 2016 of which one fourth (1/4) vested on February 5, 2017. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission on February 9, 2016.