SEC Form 4 · accession 0001104659-16-162074

TESARO, Inc. · TSRO

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

Reporting owner

Officer — VP of Finance and Admin.

Period of report

Dec 12, 2016

Accepted (ET)

Dec 14, 2016 · 4:17 pm EST

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 $.0001	Dec 12, 2016	M	5,000	$24.18	A	5,000	D
Common Stock, par value $.0001	Dec 12, 2016	M	5,000	$34.58	A	10,000	D
Common Stock, par value $.0001^F2	Dec 12, 2016	S	1,700	$128.30	D	8,300	D
Common Stock, par value $.0001^F3	Dec 12, 2016	S	8,300	$129.20	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	$24.18	Dec 12, 2016	M	5,000	D	—	Mar 6, 2023	Common Stock	5,000	20,000	D
Employee Stock Option (right to buy)^F5	$34.58	Dec 12, 2016	M	5,000	D	—	Aug 30, 2023	Common Stock	5,000	5,000	D

F1The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2016.
F2The price reported is a weighted average. The shares were sold in multiple transactions at prices ranging from $127.79 to $128.73, 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 $128.82 to $129.67, 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 25,000 shares of common stock vested on March 6, 2014 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 15,000 shares of common stock vested on August 30, 2014 and, thereafter, 1/36th of the remaining options vest on each monthly anniversary of such date until fully vested.