Michael Terrence Gibbs - Mar 24, 2022 Form 4 Insider Report for T2 Biosystems, Inc. (TTOO)

Role
General Counsel
Signature
/s/ John Sprague, Attorney-in-fact
Stock symbol
TTOO
Transactions as of
Mar 24, 2022
Transactions value $
-$3,876
Form type
4
Date filed
3/28/2022, 06:42 PM
Previous filing
Mar 28, 2022
Next filing
Apr 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTOO Common Stock Options Exercise +16.7K +11.2% 165K Mar 24, 2022 Direct F1
transaction TTOO Common Stock Tax liability -$3.88K -8.79K -5.31% $0.44 157K Mar 24, 2022 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 -16.7K -50% $0.00 16.7K Mar 24, 2022 Common Stock 16.7K 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 8,790 shares of common stock were automatically withheld at vesting to cover required tax withholding.
F3 On March 24, 2020 the reporting person was granted 50,000 RSU's that vest in three equal annual installments commencing on March 24, 2021.