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Signature
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/s/ David Strauss 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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Sep 9, 2024
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Transactions value $
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-$140,982
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Form type
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4
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Date filed
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9/11/2024, 06:00 PM
Transactions Table
| Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Ownership |
Footnotes |
| transaction |
TERN |
Common Stock |
Options Exercise |
$31.4K |
+17.2K |
+114.9% |
$1.82 |
32.2K |
Sep 9, 2024 |
Direct |
F1 |
| transaction |
TERN |
Common Stock |
Sale |
-$172K |
-17.2K |
-53.47% |
$10.00 |
15K |
Sep 9, 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 |
-17.2K |
-100% |
$0.00 |
0 |
Sep 9, 2024 |
Common Stock |
17.2K |
$1.82 |
Direct |
F1, F2 |
* 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: