David B. Elsbree - Jun 25, 2021 Form 4 Insider Report for T2 Biosystems, Inc. (TTOO)

Role: Director
Signature: /s/ John Sprague, Attorney-in-fact
Stock symbol: TTOO
Transactions as of: Jun 25, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/29/2021, 02:56 PM
Next filing: Jan 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TTOO	Common Stock	Options Exercise		+45.5K	+36.29%		171K	Jun 25, 2021	Direct	F1
holding	TTOO	Common Stock						10K	Jun 25, 2021	By spouse	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TTOO	Restricted Stock Units	Options Exercise	$0	-45.5K	-50%	$0.00	45.5K	Jun 25, 2021	Common Stock	45.5K		Direct	F1, F3
transaction	TTOO	Restricted Stock Units	Award	$0	+73.2K		$0.00	73.2K	Jun 25, 2021	Common Stock	73.2K		Direct	F1, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F2	The reporting person disclaims ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F3	On August 6, 2020 the reporting person was granted 45,454 restricted stock units that vested on June 25, 2021.
F4	The restricted stock units vest in one installment on the earlier of (i) June 25, 2022 and (ii) the date of the next annual meeting of stockholders.