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Terns Pharmaceuticals, Inc. Director's Dealing 2021

Feb 4, 2021

32559_dirs_2021-02-04_b4863d08-356a-47a6-b4c1-a51fd86f3aa7.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Terns Pharmaceuticals, Inc. (TERN)
CIK: 0001831363
Period of Report: 2021-02-04

Reporting Person: Quigley Jill M. (Director)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $9.24 2030-12-29 Common Stock (28475) Direct

Footnotes

F1: 1/3rd of the shares subject to the option vest on the first anniversary measured from December 29, 2020 (the "Vesting Commencement Date"), and 1/36th of the total number of shares vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested and exercisable on the third anniversary of the Vesting Commencement Date.

F2: Reflects a 1-for-14 reverse stock split of the Issuer's outstanding securities effected prior to the effectiveness of the Issuer's S-1 Registration Statement.