E. Garry Menzel - Aug 31, 2021 Form 4 Insider Report for TCR2 THERAPEUTICS INC. (TCRR)

Signature
/s/ Margaret Siegel as Attorney-in-Fact
Stock symbol
TCRR
Transactions as of
Aug 31, 2021
Transactions value $
$265,018
Form type
4
Date filed
12/10/2021, 03:32 PM
Previous filing
Jun 22, 2021
Next filing
Mar 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCRR Common Stock Award $6.02K +422 +10.33% $14.26* 4.51K Aug 31, 2021 Direct F2, F3
transaction TCRR Common Stock Options Exercise $130K +175K +3882.85% $0.74 180K Dec 9, 2021 Direct
holding TCRR Common Stock 84.5K Aug 31, 2021 See Footnote 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 TCRR Stock Option (Right to Buy) Options Exercise $125K +169K $0.74 0 Dec 10, 2021 Common Stock 169K $0.74 Direct F4
transaction TCRR Stock Option (Right to Buy) Options Exercise $4.4K +5.95K +4.5% $0.74 138K Dec 10, 2021 Common Stock 5.95K $0.74 Direct F5
transaction TCRR Stock Option (Right to Buy) Award $0 +306K $0.00 306K Dec 9, 2021 Common Stock 306K $5.21 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 84,527 shares of common stock held by Dr. Garry Menzel, as Trustee of the Garry E. Menzel and Mary E. Henshall Family Trust, under instrument of trust dated July 29, 2010. Dr. Menzel is the trustee of the Garry E. Menzel and Mary E. Henshall Family Trust and may be deemed to beneficially own these securities.
F2 The reporting person is voluntarily reporting the acquisition of shares of the issuer's common stock pursuant to the issuer's 2018 Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of March 1, 2021 through August 31, 2021. This transaction is exempt under Rule 16b-3(c).
F3 In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the issuer's common stock on August 31, 2021.
F4 The Reporting Person was granted an option to purchase 253,581 shares on December 13, 2016. 84,527 of such options were previously exercised. 25% of this option vested and became exercisable on October 17, 2017, with the remainder vesting in thirty-six (36) equal monthly installments thereafter.
F5 25% of this option vested and became exercisable on December 6, 2018, with the remainder vesting in thirty-six (36) equal monthly installments thereafter.
F6 25% of this option shall vest and become exercisable on January 1, 2023, with the remainder vesting in thirty-six (36) equal monthly installments thereafter