Alec Barclay - Feb 24, 2022 Form 4 Insider Report for T2 Biosystems, Inc. (TTOO)

Role
Chief Operations Officer
Signature
/s/ John Sprague, Attorney-in-fact
Stock symbol
TTOO
Transactions as of
Feb 24, 2022
Transactions value $
-$39,888
Form type
4
Date filed
2/28/2022, 03:00 PM
Previous filing
Feb 23, 2022
Next filing
Mar 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTOO Common Stock Options Exercise +168K +212.89% 248K Feb 24, 2021 Direct F1
transaction TTOO Common Stock Tax liability -$39.9K -88.9K -35.89% $0.45 159K Feb 24, 2021 Direct 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 -168K -33.33% $0.00 337K Feb 24, 2022 Common Stock 168K 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 88,878 shares of common stock were automatically withheld at vesting to cover required tax withholding.
F3 On February 24, 2021 the reporting person was granted 505,464 RSU's that vest in three equal annual installments commencing on February 24, 2022.