Justin Trojanowski - Sep 30, 2022 Form 3 Insider Report for Tempest Therapeutics, Inc. (TPST)

Role
Corporate Controller
Signature
/s/ Jason Minio, Attorney-in-Fact
Stock symbol
TPST
Transactions as of
Sep 30, 2022
Transactions value $
$0
Form type
3
Date filed
10/4/2022, 08:00 AM
Next filing
Oct 4, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TPST Employee Stock Option (right to buy) Sep 30, 2022 Common Stock 5K $2.29 Direct F1
holding TPST Employee Stock Option (right to buy) Sep 30, 2022 Common Stock 10K $2.29 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-fourth (1/4) of the shares underlying the option will vest on June 27, 2023 and the remainder will vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous service through each vesting date.
F2 One-fourth (1/4) of the shares underlying the option will vest on July 1, 2023 and the remainder will vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous service through each vesting date.

Remarks:

Exhibit List - Exhibit 24 -Power of Attorney