Company: DVAX
Filing Date: 2025-01-29
Form Type: 8-K
Source: 0001193125-25-015683
Chunk: 1

Company: DYNAVAX TECHNOLOGIES CORP
Filing Date: 2025-01-29
Form: 8-K
Item: Item 5.02
Chunk 1
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 $25,000 for service as a member and chairperson of the Audit Committee of the Board.

There are no arrangements or understandings between Ms. Silvernail or Dr. Emini and any other person pursuant to which Ms. Silvernail or Dr. Emini were appointed as directors of the Company, and there are no family relationships between Ms. Silvernail or Dr. Emini and any of the Company’s other directors or executive officers. Neither Ms. Silvernail nor Dr. Emini is a party to any current or proposed transaction with the Company for which disclosure is required under Item 404(a) of Regulation S-K.

The Company will enter into its standard form of indemnification agreement (the “ Indemnity Agreements”) with Ms. Silvernail and Dr. Emini. The Indemnity Agreements provide, among other things, that the Company will indemnify Ms. Silvernail and Dr. Emini respectively, under the circumstances and to the extent provided therein, for certain expenses which she or he may be required to pay in connection with certain claims to which she or he may be made a party by reason of her or his service to the Company as a director, and otherwise to the fullest extent under applicable law. The foregoing is only a brief description of the terms of the indemnification arrangements with Ms. Silvernail and Dr. Emini, does not purport to be complete, and is qualified in its entirety by reference to the form of Indemnification Agreement, previously filed as Exhibit 10.6 to the Company’s Annual Report on Form10-Kfor the period ended December 31, 2023, as filed on February 22, 2024.

Director Resignations

On January 26, 2025, Peggy V. Phillips, a member of the Board, notified the Company that she will be retiring from the Board, effective immediately prior to the 2025 Annual Meeting. On January 26, 2025, Julie Eastland, a member of the Board, notified the Company that she will be resigning from the Board, effective immediately prior to the 2025 Annual Meeting. Both Ms. Phillips’s and Ms. Eastland’s decisions to step down from the Board were not the result of disagreements with the Company.