Joel Rothman - 02 Jan 2024 Form 4 Insider Report for Equillium, Inc. (EQ)

Role: Chief Development Officer
Signature: /s/ Jason A. Keyes, Attorney-in-Fact for Joel Rothman
Issuer symbol: EQ
Transactions as of: 02 Jan 2024
Net transactions value: +$13,506
Form type: 4
Filing time: 03 Jan 2024, 18:14:08 UTC
Previous filing: 04 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EQ	Common Stock	Award	$8,400	+15,000	+44%	$0.5600	49,346	09 Jun 2023	Direct	F1
transaction	EQ	Common Stock	Award	$5,106	+8,804	+18%	$0.5800	58,150	08 Dec 2023	Direct	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	EQ	Employee Stock Option (right to buy)	Award	$0	+175,000		$0.000000	175,000	02 Jan 2024	Common Stock	175,000	$0.7300	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were acquired by the Reporting Person under the Issuer's 2018 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
F2	Twenty-five percent of the shares subject to the option vests on the first anniversary of the vesting commencement date, and the remainder vests in 36 equal monthly installments thereafter for the following three years.