SEC Form 4 · accession 0001104659-16-104979

TESARO, Inc. · TSRO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP of Finance & Administration

Period of report

Mar 10, 2016

Accepted (ET)

Mar 14, 2016 · 5:29 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
Common Stock, par value $.01	Mar 10, 2016	M	3,500	$13.31	A	3,500	D
Common Stock, par value $.01	Mar 10, 2016	M	3,500	$33.74	A	7,000	D
Common Stock, par value $.01^F2	Mar 10, 2016	S	2,500	$42.98	D	4,500	D
Common Stock, par value $.01^F3	Mar 10, 2016	S	4,500	$44.11	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F4	$13.31	Mar 10, 2016	M	3,500	D	—	Sep 9, 2022	Common Stock	3,500	13,072	D
Employee Stock Option (right to buy)^F5	$33.74	Mar 10, 2016	M	3,500	D	—	Feb 27, 2024	Common Stock	3,500	21,500	D

F1The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 9, 2015.
F2The price reported is a weighted average. The shares were sold in multiple transactions at prices ranging from $42.57 to $43.53, inclusive. The reporting person undertakes to provide to TESARO, Inc., any security holder of TESARO, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F3The price reported is a weighted average. The shares were sold in multiple transactions at prices ranging from $43.61 to $44.38, inclusive. The reporting person undertakes to provide to TESARO, Inc., any security holder of TESARO, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F4A quarter of the original grant of options to purchase 28,672 shares of common stock vested on June 11, 2013 and, thereafter, 1/36th of the remaining options vest on each monthly anniversary of such date until fully vested.
F5A quarter of the original grant of options to purchase 25,000 shares of common stock vested on February 27, 2015 and, thereafter, 1/36th of the remaining options vest on each monthly anniversary of such date until fully vested.