X0306 4/A 2019-09-30 2019-10-02 0 0001205922 VACCINEX, INC. VCNX 0001205922 VACCINEX, INC. C/O VACCINEX, INC. 1895 MOUNT HOPE AVENUE ROCHESTER NY 14620 1 0 0 0 Option (Right to Acquire) Common Stock 4420 44200 D Option (Right to Acquire) Common Stock 4420 44200 I By Benbow Estates Ltd. Option (Right to Acquire) Common Stock 4121 75000 I By Gee Eff Services Limited Stock Option (Right to Buy) 13.60 2027-09-15 Common Stock 6396 6396 D Stock Option (Right to Buy) 5.26 2029-03-30 Common Stock 2501 2501 D Stock Option (Right to Buy) 7.78 2020-05-15 Common Stock 7718 7718 D Stock Option (Right to Buy) 7.17 2019-09-30 4 A 0 1856 0.00 A 2019-09-30 2019-09-27 Common Stock 1856 1856 D Limited partnership units of Vaccinex Products, LP, which are presently exchangeable into shares of Common Stock on a 1-for-10 basis at the holder's option. Mr. Frieberg's spouse is the owner of Benbow Estates, Ltd. and Mr. Frieberg is an officer of Benbow Estates, Ltd. Mr. Frieberg disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. Partnership interests in VX3 (DE) LP, or VX3, which are presently exchangeable into shares of Common Stock on a 1-for-0.05495 basis at the holder's option. On August 13, 2018, Gee Eff Services Limited entered into an exchange agreement with the Issuer and the other partners of VX3 that provides each VX3 partner the right to exchange all, but not less than all, of its partnership interests in VX3 for shares of Common Stock. The option has no expiration date. Mr. Frieberg is the sole owner and President of Gee Eff Services Limited. Exercisable in full as of the date of this report. Except as otherwise provided in this award notice, this option expires on May 14, 2029 or five years following retirement or cessation of services, whichever occurs first. Pursuant to the Issuer's Director Compensation Program, in a transaction exempt under Rule 16b-3, the reporting person elected to receive these options in lieu of $8,750 for retainer and meeting fees during the third quarter of 2019. The number of options was calculated in accordance with the Black-Scholes valuation model and all of such options are immediately exercisable. Due to a clerical error, the Form 4 filings were incorrectly made on behalf of the Company. /s/ Scott E. Royer, Attorney-in-Fact for Jacob B. Frieberg 2019-10-04