Seokho Bryan Yoon - 23 Jan 2024 Form 4 Insider Report for Terns Pharmaceuticals, Inc. (TERN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
25 Jan 2024, 19:18:25 UTC
Prior SEC filing
04 Dec 2023
Next SEC filing
04 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Seokho Bryan Yoon

Key filing fact

Seokho Bryan Yoon filed Form 4 for Terns Pharmaceuticals, Inc. (TERN) on 25 Jan 2024.

Key facts

  • This page summarizes Seokho Bryan Yoon's Form 4 filing for Terns Pharmaceuticals, Inc. (TERN).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 25 Jan 2024, 19:18.

Change

  • Previous filing in this sequence was filed on 04 Dec 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TERN transaction

Common Stock

Award

Transaction value
$0
Shares
+68,750
Change %
+374%
Price
$0.000000
Shares after
87,149
Date
23 Jan 2024
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TERN transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+137,500
Change %
Price
$0.000000
Shares after
137,500
Date
23 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
137,500
Exercise price
$5.46
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Each share is represented by a Restricted Stock Unit ("RSU"). 25% of the RSUs vest on the first anniversary measured from January 1, 2024 (the "Vesting Commencement Date"), and 1/16th of the total number of shares vest quarterly thereafter, such that 100% of the RSUs will be fully vested on the fourth anniversary of the Vesting Commencement Date.

Footnote F2

25% of the shares subject to the option vest on the first anniversary measured from January 1, 2024 (the "Vesting Commencement Date"), and 1/48th of the total number of shares vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested on the fourth anniversary of the Vesting Commencement Date.

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