Gibbs Michael Terrence 4
4 · T2 Biosystems, Inc. · Filed Mar 28, 2022
Insider Transaction Report
Form 4
Gibbs Michael Terrence
General Counsel
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-03-24−16,666→ 16,667 total→ Common Stock (16,666 underlying) - Exercise/Conversion
Common Stock
2022-03-24+16,666→ 165,441 total - Tax Payment
Common Stock
2022-03-24$0.44/sh−8,790$3,876→ 156,651 total
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]8,790 shares of common stock were automatically withheld at vesting to cover required tax withholding.
- [F3]On March 24, 2020 the reporting person was granted 50,000 RSU's that vest in three equal annual installments commencing on March 24, 2021.