Ryan M. Bartolucci - Jun 13, 2024 Form 4 Insider Report for Tempus AI, Inc. (TEM)

Signature
/s/ Erik Phelps, Attorney-in-Fact
Stock symbol
TEM
Transactions as of
Jun 13, 2024
Transactions value $
-$505,198
Form type
4
Date filed
6/17/2024, 09:45 PM
Next filing
Nov 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TEM Class A Common Stock Award $0 +75K $0.00 75K Jun 13, 2024 Direct F1
transaction TEM Class A Common Stock Tax liability -$505K -13.7K -18.21% $37.00* 61.3K Jun 14, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of previously granted restricted stock units ("RSUs") for which the liquidity event-based condition was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering. Certain of the RSUs remain subject to service-based vesting conditions, as follows: (i) 14,000 RSUs vest in eight equal quarterly installments commencing on August 1, 2024; (ii) 8,250 RSUs vest in 11 equal quarterly installments commencing on August 15, 2024; (iii) 12,000 RSUs vest in 16 equal quarterly installments commencing on June 15, 2024; and (iv) 10,000 RSUs vest one-third on March 15, 2025 with the remainder vesting in eight substantially equal quarterly installments commencing on June 15, 2025.
F2 Represents shares withheld to satisfy withholding tax obligations upon the vesting of restricted stock units.