Company: DVAX
Filing Date: 2025-04-15
Form Type: PRER14A
Source: 0000930413-25-001254
Chunk: 83

Company: DYNAVAX TECHNOLOGIES CORP
Filing Date: 2025-04-15
Form: PRER14A
Chunk 83
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 SUMMARY COMPENSATION TABLE AND GRANTS OF PLAN BASED AWARDS TABLE

The material terms of NEO annual compensation and
the explanations of the amounts of base salary, annual cash-based incentives, and equity-based awards in proportion to total compensation
are described under “Compensation Discussion and Analysis” in this proxy statement. Our severance and change in control benefits
are described under “Summary of Change in Control and Involuntary Termination Arrangements” in this proxy statement.

As discussed in the “Compensation Discussion
and Analysis,” the fiscal year 2024 cash incentive amounts were paid pursuant to the annual cash incentive compensation program,
based on the achievement of certain corporate and, as applicable, individual goals. Equity-based awards represent a mix of stock options
and time-based and performance-based RSUs, as described in the “Compensation Discussion and Analysis” and were granted under
our 2018 Equity Incentive Plan.

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<div align='center'>OUTSTANDING EQUITY AWARDS AT FISCAL YEAR END</div>

The following table shows certain information regarding outstanding
equity awards for NEOs as of December 31, 2024.

| Name            |     |        |     |   Number of 
  Securities 
  Underlying 
 Unexercised 
 Options (#) 
 Exercisable |     |     Number of 
    Securities 
    Underlying 
   Unexercised 
   Options (#) 
 Unexercisable |     | Option       
 Awards       
 Equity       
 Incentive    
 Plan Awards: 
 Number of    
 Securities   
 Underlying   
 Unexercised  
 Unearned     
 Options (#)  |     | Option   
 Exercise 
 Price    
 ($)      |       |     | Vesting      
 Commencement 
 Date         |     | Option     
 Expiration 
 Date       |     |  Number of 
  Shares or 
 Units that 
   Have Not 
 Vested (#) |     | Stock    
 Awards   
 Market   
 Value    
 of Stock 
 that     
 Have Not 
 Vested   
 ($)(1)   |           |     | Equity     
 Incentive  
 Plan       
 Awards:    
 Number of  
 Unearned   
 Shares or  
 Other      
 Rights     
 that Have  
 Not        
 Vested (#) |         |     | Equity    
 Incentive 
 Plan      
 Awards:   
 Market    
 or        
 Payout    
 Value of  
 Unearned  
 Shares or 
 Other     
 Rights    
 that Have 
 Not       
 Vested    
 ($)(1)    |