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Signature
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/s/ Bryan Yoon as Attorney-in-Fact for Jill M. Quigley
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Stock symbol
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TERN
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Transactions as of
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Jul 15, 2024
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Transactions value $
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-$120,788
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Form type
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4
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Date filed
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7/17/2024, 07:56 PM
Transactions Table
| Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Ownership |
Footnotes |
| transaction |
TERN |
Common Stock |
Options Exercise |
$26.1K |
+14.4K |
+47.88% |
$1.82 |
44.4K |
Jul 15, 2024 |
Direct |
F1 |
| transaction |
TERN |
Common Stock |
Sale |
-$144K |
-14.4K |
-32.38% |
$10.00 |
30K |
Jul 15, 2024 |
Direct |
F1, F2 |
| transaction |
TERN |
Common Stock |
Options Exercise |
$728 |
+400 |
+1.33% |
$1.82 |
30.4K |
Jul 16, 2024 |
Direct |
F1 |
| transaction |
TERN |
Common Stock |
Sale |
-$4K |
-400 |
-1.32% |
$10.00 |
30K |
Jul 16, 2024 |
Direct |
F1 |
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 |
TERN |
Stock Option (Right to Buy) |
Options Exercise |
$0 |
-14.4K |
-44.89% |
$0.00 |
17.6K |
Jul 15, 2024 |
Common Stock |
14.4K |
$1.82 |
Direct |
F1, F3 |
| transaction |
TERN |
Stock Option (Right to Buy) |
Options Exercise |
$0 |
-400 |
-2.27% |
$0.00 |
17.2K |
Jul 16, 2024 |
Common Stock |
400 |
$1.82 |
Direct |
F1, F3 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Explanation of Responses: