John W. Cumming - 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, 03:00 PM
Next filing: Jul 2, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TTOO	Common Stock	Options Exercise		+45.5K	+192.77%		69K	Jun 25, 2021	Direct	F1

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, F2
transaction	TTOO	Restricted Stock Units	Award	$0	+82K		$0.00	82K	Jun 25, 2021	Common Stock	82K		Direct	F1, F3

* 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 the Issuer's common stock.
F2	On August 6, 2020 the reporting person was granted 45,454 restricted stock units that vested on June 25, 2021.
F3	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.