Michael Terrence Gibbs - Nov 4, 2024 Form 4 Insider Report for T2 Biosystems, Inc. (TTOO)

Role
General Counsel
Signature
/s/ John Sprague, Attorney-in-fact
Stock symbol
TTOO
Transactions as of
Nov 4, 2024
Transactions value $
$0
Form type
4
Date filed
1/2/2025, 06:20 PM
Previous filing
Feb 27, 2024
SEC
View on sec.gov

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 Award $0 +190K $0.00 190K Nov 4, 2024 Common Stock 190K Direct F1, F2
transaction TTOO Restricted Stock Units Award $0 +190K $0.00 190K Nov 4, 2024 Common Stock 190K 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 On November 4, 2024, the reporting person was granted 190,000 RSU's that vest in one installment on May 4, 2025. This grant was contingent on stockholder approval of the amendment and restatement of Issuer's 2014 Incentive Award Plan. The Issuer's stockholders approved the amendment and restatement of the plan on December 30, 2024.
F3 On November 4, 2024, the reporting person was granted 190,000 RSU's that vest in three equal annual installments beginning on November 4, 2025. This grant was contingent on stockholder approval of the amendment and restatement of Issuer's 2014 Incentive Award Plan. The Issuer's stockholders approved the amendment and restatement of the plan on December 30, 2024.