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Equillium, Inc. Director's Dealing 2025

Feb 20, 2025

34270_dirs_2025-02-19_79904713-4ed4-4de9-ac47-2bb28228ba5e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Equillium, Inc. (EQ)
CIK: 0001746466
Period of Report: 2025-02-14

Reporting Person: Troupin Barbara (N/A)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-02-14 Director Stock Option (right to buy) $0.785 A 40000 Acquired 2032-02-29 Common Stock (40000) Direct
2025-02-14 Director Stock Option (right to buy) $3.59 D 40000 Disposed 2032-02-29 Common Stock (40000) Direct

Footnotes

F1: The option vests in 36 equal monthly installments following the grant date of March 1, 2022.

F2: On August 7, 2023, the Board of Directors of the Company approved the repricing of certain options based on the closing price of the Company's common stock on August 14, 2023. The repricing of these options was subject to a holding period that lapsed on February 14, 2025. The repricing resulted in the impacted options having a lower exercise price of $0.785 per share, which is the closing price of the Company's common stock on the Nasdaq Capital Market on August 14, 2023. All of the other terms of the options remained unchanged.