KISNER DANIEL L 4
4 · DYNAVAX TECHNOLOGIES CORP · Filed May 31, 2023
Insider Transaction Report
Form 4
KISNER DANIEL L
Director
Transactions
- Award
Common Stock
2023-05-26+5,357→ 12,214 total - Award
Stock Option (Right to Buy)
2023-05-26+22,500→ 22,500 totalExercise: $11.20Exp: 2030-05-25→ Common Stock (22,500 underlying)
Footnotes (2)
- [F1]These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of DVAX Common Stock. The RSU will fully vest one year from the date of grant, provided that Reporting Person continues to provide services to the Company through such vesting date. The release of RSU shares shall be mandatorily deferred six months and one day after the Reporting Person no longer provides services to the Company. The reporting person has reported prior awards of restricted stock units in Table II on Form 4. The total reported in Column 5 includes 5,357 newly awarded restricted stock units, 5,357 restricted stock units previously reported in Table II, and 1,500 shares of common stock.
- [F2]This option grant fully vests and becomes exercisable one year from date of grant, provided that Reporting Person continues to provide services to the Company through such vesting date.