Joel Rothman - Jan 2, 2024 Form 4 Insider Report for Equillium, Inc. (EQ)

Role: Chief Development Officer
Signature: /s/ Jason A. Keyes, Attorney-in-Fact for Joel Rothman
Stock symbol: EQ
Transactions as of: Jan 2, 2024
Transactions value $: $13,506
Form type: 4
Date filed: 1/3/2024, 06:14 PM
Previous filing: Jan 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EQ	Common Stock	Award	$8.4K	+15K	+43.67%	$0.56	49.3K	Jun 9, 2023	Direct	F1
transaction	EQ	Common Stock	Award	$5.11K	+8.8K	+17.84%	$0.58	58.2K	Dec 8, 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	+175K		$0.00	175K	Jan 2, 2024	Common Stock	175K	$0.73	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.