Melita Sun Jung - 30 Jan 2025 Form 4 Insider Report for Terns Pharmaceuticals, Inc. (TERN)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
03 Feb 2025, 19:28:43 UTC
Prior SEC filing
02 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ David Strauss, as Attorney-in-Fact for Melita Sun Jung

Key filing fact

Melita Sun Jung filed Form 4 for Terns Pharmaceuticals, Inc. (TERN) on 03 Feb 2025.

Key facts

  • This page summarizes Melita Sun Jung's Form 4 filing for Terns Pharmaceuticals, Inc. (TERN).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 03 Feb 2025, 19:28.

Change

  • Previous filing in this sequence was filed on 02 May 2024.
  • Current net transaction value: +$11,498.

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

Purchase

Transaction value
$11,498
Shares
+2,250
Change %
Price
$5.11
Shares after
2,250
Date
30 Nov 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
+325,000
Change %
Price
$0.000000
Shares after
325,000
Date
30 Jan 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
325,000
Exercise price
$4.64
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

Includes 2,250 shares acquired by the reporting person under the Issuer's 2021 Employee Stock Purchase Plan on November 30, 2024.

Footnote F2

25% of the shares subject to the option vest on the first anniversary measured from January 1, 2025 (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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