4//SEC Filing
Quirk Erin 4
Accession 0001562180-24-000638
CIK 0001831363other
Filed
Jan 24, 7:00 PM ET
Accepted
Jan 25, 7:17 PM ET
Size
7.8 KB
Accession
0001562180-24-000638
Insider Transaction Report
Form 4
Quirk Erin
See Remarks
Transactions
- Award
Stock Option (Right to Buy)
2024-01-23+150,000→ 150,000 totalExercise: $5.46Exp: 2034-01-22→ Common Stock (150,000 underlying) - Award
Common Stock
2024-01-23+75,000→ 75,000 total
Footnotes (2)
- [F1]Each share is represented by a Restricted Stock Unit ("RSU"). 25% of the RSUs vest on the first anniversary measured from January 1, 2024 (the "Vesting Commencement Date"), and 1/16th of the total number of shares vest quarterly thereafter, such that 100% of the RSUs will be fully vested on the fourth anniversary of the Vesting Commencement Date.
- [F2]25% of the shares subject to the option vest on the first anniversary measured from January 1, 2024 (the "Vesting Commencement Date"), and 1/48th of the total number of shares vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested on the fourth anniversary of the Vesting Commencement Date.
Documents
Issuer
Terns Pharmaceuticals, Inc.
CIK 0001831363
Entity typeother
Related Parties
1- filerCIK 0001843038
Filing Metadata
- Form type
- 4
- Filed
- Jan 24, 7:00 PM ET
- Accepted
- Jan 25, 7:17 PM ET
- Size
- 7.8 KB