EXICURE, INC. — Director's Dealing 2020

Jun 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXICURE, INC. (XCUR)
CIK: 0001698530
Period of Report: 2020-06-12

Reporting Person: Mirkin Chad A. (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-12	Common Stock	S	10195	$2.83	Disposed	11257629	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	64649	Direct
Common Stock	25000	Indirect
Common Stock	33936	Indirect

Footnotes

F1: Certain of these transactions are matchable transactions under Section 16(b) of the Exchange Act. The Reporting Person will disgorge the full amount of any recoverable profits to the Issuer.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.81 to
$2.87 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and
Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: The Reporting Person is a member of the Board of Managers of AuraSense, LLC and may be deemed to share voting or dispositive power over the shares held by AuraSense, LLC.

F4: The Reporting Person disclaims beneficial ownership of the shares of common stock reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

F5: The Reporting Person is a member of the Board of Managers of BSR Enterprises, LLC and may be deemed to share voting and dispositive power over the shares held by BSR Enterprises, LLC with the Reporting Person's spouse.

F6: The Reporting Person is the trustee of the Chad A. Mirkin Living Trust, and has voting or dispositive power over the shares held by the trust.