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$DVAX All transactions

DYNAVAX TECHNOLOGIES CORP

M

$ Value

Shares

45,333

Price

Filed

Dec 29

Insider

Name

Spencer Ryan

Title

CEO and Director

CIK

0001777938

Roles

Director Officer

Transaction Details

Transaction Date

2025-12-23

Code

M

Table

Derivative

Ownership

Direct

Equity Swap

No

Shares After

90,667

Footnotes

On December 23, 2025 (the "Effective Date"), in connection with the execution of an Agreement and Plan of Merger dated as of the Effective Date (the "Merger Agreement") by and among the Issuer, SANOFI, a French societe anonyme ("Parent"), and Samba Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent, the Board of Directors of the Issuer approved acceleration of vesting of certain performance-based restricted stock units ("PSUs") and restricted stock units ("RSUs") previously granted to the Reporting Person, effective as of the Effective Date. | Represents PSUs previously granted to the Reporting Person that vest based on how the Issuer's total stockholder return compares to the total stockholder return of an indexed group of companies ("rTSR") over a performance period ending on December 31, 2025. Each PSU represents a contingent right to receive one share of common stock. On the Effective Date, the Board of Directors of the Issuer determined that these PSUs (which represent 125% of the target number of PSUs) were earned according to achievement of the rTSR performance condition over a shortened performance period, with the Issuer's total stockholder return determined based on the amount payable for a share of the Issuer's common stock pursuant to the Merger Agreement ($15.50), and approved such acceleration of vesting of the earned PSUs. | Includes 472 shares purchased through the Issuer's Employee Stock Purchase Plan on August 15, 2025. | Each RSU represents a contingent right to receive one share of the Issuer's common stock. | Shares withheld by the Issuer to satisfy tax withholding requirements on vesting of PSUs and RSUs. | The RSUs were granted on February 15, 2024, and were originally scheduled to vest over three years, with 1/3 vesting on each anniversary of February 15, 2024. | The RSUs were granted on February 13, 2025, and were originally scheduled to vest over three years, with 1/3 vesting on each anniversary of February 13, 2025.

Filing Info

Accession No.

0001628280-25-058969

Form Type

4

Issuer CIK

0001029142

Spencer Ryan's History

Date Ticker Type Value
2026-02-10 DVAX U
2026-02-10 DVAX A
2026-02-10 DVAX D
2026-02-10 DVAX A
2026-02-10 DVAX D
2026-02-10 DVAX D
2026-02-10 DVAX D
2026-02-10 DVAX D
2026-02-10 DVAX D
2026-02-10 DVAX D

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Myers Scott Dunseth 2026-02-10
Slebir John L
SVP General Counsel
2026-02-10
Novack David F
President & COO
2026-02-10
Spencer Ryan
CEO and Director
2026-02-10
MacDonald Kelly
SVP and CFO
2026-02-10
Sun Elaine D 2026-02-10
MacGregor Brent 2026-02-10
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