SEC Form 4 · accession 0001104659-15-048547
TESARO, Inc. · TSRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey H. Hanke
Officer — Executive VP, R&D and CSO
Period of report
Jun 29, 2015
Accepted (ET)
Jun 29, 2015 · 6:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001491576
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jun 29, 2015 | A | 50,000 | A | — | — | Common Stock | 50,000 | 50,000 | D |
| Employee Stock Option (right to buy)F3 | $56.52 | Jun 29, 2015 | A | 100,000 | A | — | Jun 29, 2025 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of TSRO common stock.
- F2The restricted stock units vest in four equal annual installments beginning June 29, 2016. Vested shares will be delivered to the reporting person within 30 days of the applicable vesting date.
- F3One quarter of the options vest on June 29, 2016 and, thereafter, 1/36th of the remaining options vest in equal installments on each monthly anniversary of such date until fully vested.