KESSEL MARK 4
4 · DYNAVAX TECHNOLOGIES CORP · Filed Apr 20, 2010
Insider Transaction Report
Form 4
KESSEL MARK
Director10% Owner
Transactions
- Other
Common Stock, par value $0.001 per share
2010-04-16+690,631→ 9,031,431 total(indirect: See Footnote) - Other
Common Stock Warrant (Right to Buy)
2010-04-16−1,283,200→ 0 total(indirect: See Footnote)Exercise: $1.94From: 2009-12-30Exp: 2014-12-30→ Common Stock (1,283,200 underlying) - Other
Common Stock Warrant (Right to Buy)
2010-04-16+9,031,434→ 9,031,434 total(indirect: See Footnote)Exercise: $1.50From: 2010-04-16Exp: 2015-04-16→ Common Stock (4,515,717 underlying)
Footnotes (5)
- [F1]As a result of an underwritten public offering by Dynavax Technologies Corporation ("Dynavax" or the "Company") for 30,293,000 units to certain institutional accredited investors which closed on April 16, 2010 and in accordance with the post-closing adjustment terms of the Amended and Restated Purchase Option Agreement (the "APOA"), dated November 9, 2009, among Symphony Dynamo Holdings LLC, Symphony Dynamo, Inc. and Dynavax: (i) Symphony Capital Partners, L.P. ("SCP L.P.") received 655,023 shares of Dynavax's Common Stock par value $0.001 per share ("Common Stock") and one warrant representing the right to purchase 4,282,895, shares of Common Stock and (ii) Symphony Strategic Partners ("Strategic Partners LLC") received 35,608 shares of Common Stock and one warrant representing the right to purchase 232,822 shares of Common Stock.
- [F2]Pursuant to the terms of the APOA, the warrant directly owned by SCP LP representing the right to purchase 1,217,040 shares of Common Stock and the warrant directly owned by Strategic Partners LLC representing the right to purchase 66,160 shares of Common Stock were cancelled in connection with the adjustment described above.
- [F3]Includes 8,565,787 shares of Common stock directly owned by SCP L.P. and 465,644 shares of Common Stock directly owned by Strategic Partners LLC.
- [F4]Includes one warrant directly owned by SCP L.P. representing the right to purchase 4,282,895 shares of Common Stock and one warrant directly owned by Strategic Partners LLC representing the right to purchase 232,822 shares of Common Stock.
- [F5]Symphony GP, LLC ("SGP LLC") is the general partner of Symphony Capital GP, L.P. ("SC GP L.P."), which is the general partner of SCP L.P. Mark Kessel is a managing member of SGP LLC and Strategic Partners LLC.