Todd Cione - Jan 5, 2024 Form 4 Insider Report for TERADATA CORP /DE/ (TDC)

Signature
/s/ Juliet C. Shadoan, Attorney-in-fact for Todd Cione
Stock symbol
TDC
Transactions as of
Jan 5, 2024
Transactions value $
-$2,157,147
Form type
4
Date filed
1/9/2024, 04:53 PM
Previous filing
Aug 15, 2023
Next filing
Feb 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDC Common Stock Tax liability -$890K -21K -16.57% $42.49 105K Jan 5, 2024 Direct F1
transaction TDC Common Stock Sale -$882K -20.4K -19.32% $43.31 85.1K Jan 8, 2024 Direct F2
transaction TDC Common Stock Sale -$384K -8.88K -10.43% $43.31 76.2K Jan 8, 2024 Direct F3
* 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:

Id Content
F1 Shares withheld by the company and disposed of to satisfy tax obligation upon vesting of restricted share units.
F2 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.650 to $43.580. The reporting person has provided to the issuer and will provide any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F3 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.650 to $43.555. The reporting person has provided to the issuer and will provide any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

Remarks:

Sale of shares pursuant to Rule 10b5-1 trading plan adopted by the Reporting Person on August 31, 2023.