Theodore Leonsis - 13 Jun 2024 Form 4 Insider Report for Tempus AI, Inc. (TEM)

Role
Director
Signature
/s/ Erik Phelps, Attorney-in-Fact
Issuer symbol
TEM
Transactions as of
13 Jun 2024
Transactions value $
$0
Form type
4
Filing time
17 Jun 2024, 21:45:28 UTC
Previous filing
14 Jun 2024
Next filing
13 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TEM Class A Common Stock Award $0 +13,514 $0.000000 13,514 13 Jun 2024 Direct F1
transaction TEM Class A Common Stock Conversion of derivative security +3,263,060 3,263,060 17 Jun 2024 By Revolution Growth III, LP F2, F3
transaction TEM Class A Common Stock Award +397,888 +12.2% 3,660,948 17 Jun 2024 By Revolution Growth III, LP F3, F4

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 TEM Series C Preferred Stock Conversion of derivative security $0 -1,397,057 -100% $0.000000* 0 17 Jun 2024 Class A Common Stock 1,397,057 By Revolution Growth III, LP F2, F3
transaction TEM Series D Preferred Stock Conversion of derivative security $0 -1,066,791 -100% $0.000000* 0 17 Jun 2024 Class A Common Stock 1,066,791 By Revolution Growth III, LP F2, F3
transaction TEM Series E Preferred Stock Conversion of derivative security $0 -597,271 -100% $0.000000* 0 17 Jun 2024 Class A Common Stock 597,271 Revolution Growth III, LP F2, F3
transaction TEM Series F Preferred Stock Conversion of derivative security $0 -201,941 -100% $0.000000* 0 17 Jun 2024 Class A Common Stock 201,941 By Revolution Growth III, LP F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock unit ("RSU") award. The RSUs vest in 20 substantially equal quarterly installments commencing on September 13, 2024.
F2 Each share of Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock and Series F Preferred Stock was convertible at any time, at the holder's election, into Class A Common Stock, on a one-for-one basis, had no expiration date and automatically converted into shares of Class A Common Stock upon the closing of the Issuer's initial public offering.
F3 The Reporting Person is a member of the investment committee of the ultimate general partner of Revolution Growth III, LP ("RG III") and may be deemed to share dispositive power over the shares held by RG III.
F4 On June 17, 2024, in connection with the conversion of preferred stock upon the closing of the Issuer's initial public offering, Issuer paid accrued and unpaid dividends on such shares of preferred stock in shares of Class A Common Stock. The issuance of shares qualifies for the exemption from Section 16 of the Securities Exchange Act pursuant to Rules 16b-3 and 16a-9.