Peter Olagunju - 01 Dec 2022 Form 4 Insider Report for TCR2 THERAPEUTICS INC.

Signature
Margaret Siegel as Attorney-In-Fact
Issuer symbol
N/A
Transactions as of
01 Dec 2022
Net transactions value
-$1,766
Form type
4
Filing time
05 Dec 2022, 18:50:38 UTC
Previous filing
18 Nov 2022
Next filing
07 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCRR Common Stock Options Exercise +33,409 +1524% 35,601 01 Dec 2022 Direct F1, F2
transaction TCRR Common Stock Sale $1,766 -1,273 -3.6% $1.39 34,328 02 Dec 2022 Direct F3
holding TCRR Common Stock 2,192 01 Dec 2022 Direct

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 Restricted Stock Unit Options Exercise $0 +33,409 +117% $0.000000 62,047 01 Dec 2022 Common Stock 33,409 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the the aggregate number of common stock converted from restricted stock units granted to the reporting person on 11/17/2022 pursuant to the issuer's offer to exchange eligible options for new restricted stock units program.
F2 Each restricted stock unit represents a right to receive one share of the issuer's common stock at the time of vesting for no consideration.
F3 The sales reported represent the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. These sales were automatic and intended to qualify under Rule 10b5-1.
F4 35% of these restricted stock units vested on December 1, 2022, 25% will vest on each of December 1, 2023 and December 1, 2024, and the remaining 15% will vest on December 1, 2025.