SEC Form 4 · accession 0001104659-15-043228
TESARO, Inc. · TSRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arnold L Oronsky
Director
Period of report
Jun 1, 2015
Accepted (ET)
Jun 3, 2015 · 5:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001491576
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 1, 2015 | A | 1,003 | $0.00 | A | 10,096 | D | |
| Common StockF2 | holding | — | — | — | 1,871,701 | I | By partnership |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Nonqualified Stock Option (right to buy)F3 | $60.77 | Jun 1, 2015 | A | 10,000 | A | — | Jun 1, 2025 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1The Reporting Person has elected to receive common stock in lieu of cash for board retainers and fees otherwise payable in cash.
- F2The shares are owned by InterWest Partners X, LP ("IW10"). The Reporting Person is a general partner of InterWest Management Partners X, LLC, the general partner of IW10, and disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F3The option vests on the earlier of the one-year anniversary of the date of grant and the next annual meeting of the Issuer's stockholders, subject to the Reporting Person's continued service on the Issuer's board of directors.