Eric Paul Lefkofsky - 17 Jun 2024 Form 4 Insider Report for Tempus AI, Inc. (TEM)

Signature
/s/ Erik Phelps, Attorney-in-Fact
Issuer symbol
TEM
Transactions as of
17 Jun 2024
Net transactions value
$0
Form type
4
Filing time
20 Jun 2024, 20:23:33 UTC
Previous filing
13 Jun 2024
Next filing
20 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TEM Class A Common Stock Conversion of derivative security +1,603,279 1,603,279 17 Jun 2024 By Tempus Series A Investments, LLC F1, F2
transaction TEM Class A Common Stock Award $0 +996 +0.06% $0.000000 1,604,275 17 Jun 2024 By Tempus Series A Investments, LLC F2, F3
transaction TEM Class A Common Stock Other $0 -1,604,275 -100% $0.000000* 0 17 Jun 2024 By Tempus Series A Investments, LLC F2, F4
transaction TEM Class A Common Stock Other $0 +1,397,589 $0.000000 1,397,589 17 Jun 2024 By Lightbank Global LLC F2, F4
transaction TEM Class A Common Stock Conversion of derivative security +2,283,991 2,283,991 17 Jun 2024 By Innovation Group Investors, L.P. - 2011 Series F1, F5
transaction TEM Class A Common Stock Conversion of derivative security +145,875 145,875 17 Jun 2024 By Innovation Group Investors, L.P. - Series 1B F1, F5
transaction TEM Class A Common Stock Award $0 +91 +0.06% $0.000000 145,966 17 Jun 2024 By Innovation Group Investors, L.P. - Series 1B F3, F5
transaction TEM Class A Common Stock Conversion of derivative security +248,476 248,476 17 Jun 2024 By Lightbank Investments 1B, LLC F1, F2
transaction TEM Class A Common Stock Award $0 +155 +0.06% $0.000000 248,631 17 Jun 2024 By Lightbank Investments 1B, LLC F2, F3
transaction TEM Class A Common Stock Award $0 +5,998 $0.000000 5,998 17 Jun 2024 By Tempus Series B Investments, LLC F2, F3
transaction TEM Class A Common Stock Other $0 -5,998 -100% $0.000000* 0 17 Jun 2024 By Tempus Series B Investments, LLC F2, F6
transaction TEM Class A Common Stock Other $0 +1,030 +0.05% $0.000000 2,285,021 17 Jun 2024 By Innovation Group Investors, L.P. - 2011 Series F5, F6
transaction TEM Class A Common Stock Other $0 +4,585 +0.02% $0.000000 19,938,946 17 Jun 2024 By Blue Media, LLC F2, F6
transaction TEM Class A Common Stock Conversion of derivative security +1,500,071 1,500,071 17 Jun 2024 By Tempus Series B-1 Investments, LLC F1, F2
transaction TEM Class A Common Stock Award $0 +3,725 +0.25% $0.000000 1,503,796 17 Jun 2024 By Tempus Series B-1 Investments, LLC F2, F3
transaction TEM Class A Common Stock Other $0 -1,503,796 -100% $0.000000* 0 17 Jun 2024 By Tempus Series B-1 Investments, LLC F2, F7
transaction TEM Class A Common Stock Other $0 +1,256,361 +6.3% $0.000000 21,195,307 17 Jun 2024 By Blue Media, LLC F2, F7
transaction TEM Class A Common Stock Other $0 +125,382 +5.5% $0.000000 2,410,403 17 Jun 2024 By Innovation Group Investors, L.P. - 2011 Series F5, F7
transaction TEM Class A Common Stock Conversion of derivative security +1,746,323 +8.2% 22,941,630 17 Jun 2024 By Blue Media, LLC F1, F2
transaction TEM Class A Common Stock Conversion of derivative security +2,111,415 2,111,415 17 Jun 2024 By Tempus Series B-2 Investments, LLC F1, F2
transaction TEM Class A Common Stock Award $0 +9,377 +0.44% $0.000000 2,120,792 17 Jun 2024 By Tempus Series B-2 Investments, LLC F2, F3
transaction TEM Class A Common Stock Other $0 -2,120,792 -100% $0.000000* 0 17 Jun 2024 By Tempus Series B-2 Investments, LLC F2, F8
transaction TEM Class A Common Stock Other $0 +911,957 +4% $0.000000 23,853,587 17 Jun 2024 By Blue Media, LLC F2, F8
transaction TEM Class A Common Stock Other $0 +1,068,346 +44% $0.000000 3,478,749 17 Jun 2024 By Innovation Group Investors, L.P. - 2011 Series F5, F8
transaction TEM Class A Common Stock Conversion of derivative security +3,911,762 3,911,762 17 Jun 2024 By Tempus Series C Investments, LLC F1, F2
transaction TEM Class A Common Stock Award $0 +17,374 +0.44% $0.000000 3,929,136 17 Jun 2024 By Tempus Series C Investments, LLC F2, F3
transaction TEM Class A Common Stock Other $0 -3,929,136 -100% $0.000000* 0 17 Jun 2024 By Tempus Series C Investments, LLC F2, F9
transaction TEM Class A Common Stock Other $0 +2,020,698 +8.5% $0.000000 25,874,285 17 Jun 2024 By Blue Media, LLC F2, F9
transaction TEM Class A Common Stock Other $0 +982,283 +11% $0.000000 9,607,283 17 Jun 2024 By Gray Media, LLC F2, F9

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
transaction TEM Series A Preferred Stock Conversion of derivative security $0 -1,603,279 -100% $0.000000* 0 17 Jun 2024 Class A Common Stock 1,603,279 By Tempus Series A Investments, LLC F1, F2
transaction TEM Series A Preferred Stock Conversion of derivative security $0 -2,283,991 -100% $0.000000* 0 17 Jun 2024 Class A Common Stock 2,283,991 By Innovation Group Investors, L.P. - 2011 Series F1, F5
transaction TEM Series A Preferred Stock Conversion of derivative security $0 -145,875 -100% $0.000000* 0 17 Jun 2024 Class A Common Stock 145,875 By Innovation Group Investors, L.P. - Series 1B F1, F5
transaction TEM Series A Preferred Stock Conversion of derivative security $0 -248,476 -100% $0.000000* 0 17 Jun 2024 Class A Common Stock 248,476 By Lightbank Investments 1B, LLC F1, F2
transaction TEM Series B Preferred Stock Conversion of derivative security $0 -5,196,414 -100% $0.000000* 0 17 Jun 2024 Class B Common Stock 5,196,414 By Tempus Series B Investments, LLC F2, F10
transaction TEM Class B Common Stock Conversion of derivative security $0 +5,196,414 $0.000000 5,196,414 17 Jun 2024 Class A Common Stock 5,196,414 By Tempus Series B Investments, LLC F2, F11
transaction TEM Class B Common Stock Other $0 -5,196,414 -100% $0.000000* 0 17 Jun 2024 Class A Common Stock 5,196,414 By Tempus Series B Investments, LLC F2, F6, F11
transaction TEM Class B Common Stock Other $0 +3,972,878 $0.000000 3,972,878 17 Jun 2024 Class A Common Stock 3,972,878 By Blue Media, LLC F2, F6, F11
transaction TEM Class B Common Stock Other $0 +892,426 $0.000000 892,426 17 Jun 2024 Class A Common Stock 892,426 By Innovation Group Investors, L.P. - 2011 Series F5, F6, F11
transaction TEM Series B Preferred Stock Conversion of derivative security $0 -178,485 -100% $0.000000* 0 17 Jun 2024 Class B Common Stock 178,485 By Black Media, LLC F2, F10
transaction TEM Class B Common Stock Conversion of derivative security $0 +178,485 $0.000000 178,485 17 Jun 2024 Class A Common Stock 178,485 By Black Media, LLC F2, F10
transaction TEM Series B-1 Preferred Stock Conversion of derivative security $0 -1,500,071 -100% $0.000000* 0 17 Jun 2024 Class A Common Stock 1,500,071 By Tempus Series B-1 Investments, LLC F1, F2
transaction TEM Series B-2 Preferred Stock Conversion of derivative security $0 -1,746,323 -100% $0.000000* 0 17 Jun 2024 Class A Common Stock 1,746,323 By Blue Media, LLC F1, F2
transaction TEM Series B-2 Preferred Stock Conversion of derivative security $0 -2,111,415 -100% $0.000000* 0 17 Jun 2024 Class A Common Stock 2,111,415 By Tempus Series B-2 Investments, LLC F1, F2
transaction TEM Series C Preferred Stock Conversion of derivative security $0 -3,911,762 -100% $0.000000* 0 17 Jun 2024 Class A Common Stock 3,911,762 By Tempus Series C Investments, LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series A Preferred Stock, Series B-1 Preferred Stock, Series B-2 Preferred Stock and Series C Preferred Stock was convertible at any time, at the holder's election, into Class A Common Stock, on a one-for-one basis, had no expiration date and automatically converted into shares of Class A Common Stock upon the closing of the Issuer's initial public offering.
F2 The Reporting Person is the sole manager of each of Blue Media, LLC, Gray Media, LLC, Lightbank Investments 1B, LLC, Lightbank Global LLC, Tempus Series A Investments, LLC, Tempus Series B Investments, LLC, Tempus Series B-1 Investments, LLC, Tempus Series B-2 Investments, LLC and Tempus Series C Investments, LLC.
F3 On June 17, 2024, in connection with the conversion of preferred stock upon the closing of the Issuer's initial public offering, the Issuer paid accrued and unpaid dividends on such shares of preferred stock in shares of Class A Common Stock. The issuance of shares qualifies for the exemption from Section 16 of the Securities Exchange Act pursuant to Rules 16b-3 and 16a-9.
F4 Represents a pro rata distribution, and not a purchase or sale of securities, by Tempus Series A Investments, LLC to its members, one of which is Lightbank Global LLC, without additional consideration.
F5 The Reporting Person is the manager of the general partner of Innovation Group Investors, L.P. - 2011 Series and Innovation Group Investors, L.P. - Series 1B.
F6 Represents a pro rata distribution, and not a purchase or sale of securities, by Tempus Series B Investments, LLC to its members, including Blue Media, LLC and Innovation Group Investors, L.P. - 2011 Series, without additional consideration.
F7 Represents a pro rata distribution, and not a purchase or sale of securities, by Tempus Series B-1 Investments, LLC to its members, including Blue Media, LLC and Innovation Group Investors, L.P. - 2011 Series, without additional consideration.
F8 Represents a pro rata distribution, and not a purchase or sale of securities, by Tempus Series B-2 Investments, LLC to its members, including Blue Media, LLC and Innovation Group Investors, L.P. - 2011 Series, without additional consideration.
F9 Represents a pro rata distribution, and not a purchase or sale of securities, by Tempus Series C Investments, LLC to its members, including Blue Media, LLC and Gray Media, LLC, without additional consideration.
F10 Each share of Series B Preferred Stock was convertible at any time, at the holder's election, into Class B Common Stock, on a one-for-one basis, had no expiration date and automatically converted into shares of Class B Common Stock upon the closing of the Issuer's initial public offering.
F11 Each share of Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock, on a one-for-one basis and has no expiration date.

Remarks:

Due to the 30 line limitation in Table I, this report is being filed across two forms. This is the first of two filings.