Alec Barclay - 14 Mar 2022 Form 4 Insider Report for T2 Biosystems, Inc. (TTOO)

Signature
/s/ John Sprague, Attorney-in-fact
Issuer symbol
TTOO
Transactions as of
14 Mar 2022
Net transactions value
-$4,160
Form type
4
Filing time
30 Mar 2022, 16:00:19 UTC
Previous filing
28 Feb 2022
Next filing
11 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTOO Common Stock Options Exercise +21,666 +14% 180,421 14 Mar 2022 Direct F1
transaction TTOO Common Stock Tax liability $4,160 -11,428 -6.3% $0.3640 168,993 14 Mar 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 -21,666 -50% $0.000000 21,667 14 Mar 2022 Common Stock 21,666 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 11,428 shares of common stock were automatically withheld at vesting to cover required tax withholding.
F3 On March 14, 2020 the reporting person was granted 65,000 that vest in three equal annual installments commencing on March 14, 2021.