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Signature
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/s/ David Strauss, as Attorney-in-Fact for Mark J. Vignola
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Issuer symbol
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TERN
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Transactions as of
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10 Sep 2024
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Net transactions value
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-$56,400
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Form type
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4
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Filing time
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12 Sep 2024, 18:10:08 UTC
Transactions Table
| Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Ownership |
Footnotes |
| transaction |
TERN |
Common Stock |
Options Exercise |
$53,600 |
+10,000 |
+11% |
$5.36 |
101,940 |
10 Sep 2024 |
Direct |
F1 |
| transaction |
TERN |
Common Stock |
Sale |
$110,000 |
-10,000 |
-9.8% |
$11.00 |
91,940 |
10 Sep 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 |
-10,000 |
-15% |
$0.000000 |
55,000 |
10 Sep 2024 |
Common Stock |
10,000 |
$5.36 |
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: