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Terns Pharmaceuticals, Inc. — Director's Dealing 2021
Feb 4, 2021
32559_dirs_2021-02-04_1b2e6d1a-2381-42a5-a412-9276c2cf4604.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: KINDLER JEFFREY B (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.