SEC Form 4 · accession 0001209191-17-020952
DYNAVAX TECHNOLOGIES CORP · DVAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David F Novack
Officer — Senior Vice President
Period of report
Mar 14, 2017
Accepted (ET)
Mar 15, 2017 · 8:37 pm EDT
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 | Mar 14, 2017 | M | 20,000 | $0.00 | A | 22,121 | D | |
| Common StockF2 | Mar 14, 2017 | F | 7,947 | $5.75 | D | 14,174 | 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 | — | Mar 14, 2017 | M | 20,000 | D | — | Mar 13, 2024 | Common Stock | 20,000 | 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 7,947 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 March 14, 2017.
- F3Represents the conversion upon vesting of restricted stock awards into common stock. The reporting person was granted 20,000 restricted stock units on March 11, 2014 which vested on March 14, 2017. Such restricted stock units were previously reported in Table I on a Form 4 filed with the Securities and Exchange Commission on March 13, 2014.