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Terns Pharmaceuticals, Inc. — Director's Dealing 2025
Feb 4, 2025
32559_dirs_2025-02-03_d84819b8-1a40-4781-88ac-8137f1387d5c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Terns Pharmaceuticals, Inc. (TERN)
CIK: 0001831363
Period of Report: 2025-02-01
Reporting Person: FELLOWS DAVID A (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-01 | Stock Option (Right to Buy) | $4.46 | A | 18650.00 | Acquired | 2035-01-31 | Common Stock (18650.00) | Direct |
Footnotes
F1: This option was issued pursuant to the Issuer's Non-Employee Director Compensation Policy, under which the Reporting Person elected to receive this option in lieu of the Reporting Person's cash retainer fee of $70,000 for 2025.
F2: The option will vest as to 1/12th of the total shares subject thereto on each monthly anniversary measured from January 1, 2025, such that 100% of the shares subject to the option will be fully vested on January 1, 2026.