SEC Form 4 · accession 0001104659-17-015228
TESARO, Inc. · TSRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward C English
Officer — V.P. of Finance & Admin.
Period of report
Mar 6, 2017
Accepted (ET)
Mar 8, 2017 · 5:17 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.0001 | Mar 6, 2017 | M | 5,000 | $24.18 | A | 5,396 | D | |
| Common Stock, par value $.0001 | Mar 6, 2017 | M | 5,000 | $33.74 | A | 10,396 | D | |
| Common Stock, par value $.0001 | Mar 6, 2017 | S | 10,000 | $178.06 | D | 396 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $24.18 | Mar 6, 2017 | M | 5,000 | D | — | Mar 6, 2023 | Common Stock | 5,000 | 15,000 | D |
| Employee Stock Option (right to buy)F3 | $33.74 | Mar 6, 2017 | M | 5,000 | D | — | Feb 27, 2024 | Common Stock | 5,000 | 9,500 | D |
Explanation of responses
- 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.
- F2A 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 vested on each monthly anniversary of such date until fully vested.
- F3A 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.