Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
DINA DINO
  2. Issuer Name and Ticker or Trading Symbol
DYNAVAX TECHNOLOGIES CORP [DVAX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, CEO and Director
(Last)
(First)
(Middle)
C/O DYNAVAX TECHNOLOGIES CORPORATION, 2929 SEVENTH STREET, STE. 100
3. Date of Earliest Transaction (Month/Day/Year)
02/02/2007
(Street)

BERKELEY, CA 94710
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/03/2006   G V 100,000 (1) D (2) 203,214 I By Trust (3)
Common Stock               3,333 I By Children's Trust (4)
Common Stock               8,333 I By Children's Trust (5)
Common Stock               3,333 I By Children's Trust (6)
Common Stock               10,773 (7) D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (Right to Buy) $ 6.19 02/02/2007   A   250,000     (8) 02/02/2017 Common Stock 250,000 (2) 250,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
DINA DINO
C/O DYNAVAX TECHNOLOGIES CORPORATION
2929 SEVENTH STREET, STE. 100
BERKELEY, CA 94710
  X     President, CEO and Director  

Signatures

 /s/ Dino Dina   02/05/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On October 3, 2006 the Reporting Person gifted 100,000 shares of common stock to a non-profit organization as a charitable donation.
(2) Not applicable.
(3) Shares are held by the Dino Dina 1999 Revocable Trust, of which the Reporting Person is Trustee.
(4) Shares are held by the Stefania Dina Irrevocable Trust, of which the Reporting Person is Trustee.
(5) Shares are held by the Francesco Dina Irrevocable Trust, of which the Reporting Person is Trustee.
(6) Shares are held by the Jordan Moncharmont Irrevocable Trust, of which the Reporting Person is Trustee.
(7) Includes shares purchased under the Issuer's 2004 Employee Stock Purchase Plan as follows: 2,500 shares on August 13, 2004, 2,500 shares on February 14, 2005, 1,500 shares on August 12, 2005, 2,500 shares on February 14, 2006 and 1,773 shares on August 14, 2006.
(8) This option shall vest in equal annual installments over four years on each anniversary of the grant date.

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