SEC Form 4 · accession 0001209191-19-012793
DYNAVAX TECHNOLOGIES CORP · DVAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Michael S Ostrach
Officer — Senior Vice President
Period of report
Feb 22, 2019
Accepted (ET)
Feb 22, 2019 · 7:33 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 22, 2019 | M | 49,804 | — | A | 126,358 | D | |
| Common StockF1 | Feb 22, 2019 | M | 8,500 | — | A | 134,858 | 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 | — | Feb 22, 2019 | M | 49,804 | D | — | Feb 21, 2024 | Common Stock | 49,804 | 0 | D |
| Restricted Stock UnitF1 | — | Feb 22, 2019 | M | 8,500 | D | — | Feb 21, 2024 | Common Stock | 8,500 | 8,500 | D |
| Stock Option (Right to Buy)F2 | $10.47 | Feb 22, 2019 | A | 88,000 | A | — | Feb 21, 2026 | Common Stock | 88,000 | 88,000 | D |
| Restricted Stock UnitF3 | — | Feb 22, 2019 | A | 22,000 | A | — | Feb 21, 2026 | Common Stock | 22,000 | 22,000 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represented a contingent right to receive one share of common stock that vested and converted to common stock on February 22, 2019.
- F2This 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.
- F3Each RSU represents a right to receive one share of common stock. These RSUs vested upon completion of certain performance conditions.