SEC Form 4 · accession 0001104659-17-021464
TESARO, Inc. · TSRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin H. Huber Jr.
Officer — SVP & Cheif Medical Officer
Period of report
Apr 1, 2017
Accepted (ET)
Apr 4, 2017 · 6:16 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,F2 | Apr 1, 2017 | M | 1,750 | — | A | 6,522 | D | |
| Common Stock | Apr 3, 2017 | S | 829 | $153.02 | D | 5,693 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | — | Apr 1, 2017 | M | 1,750 | D | — | — | Common Stock | 1,750 | 0 | D |
Explanation of responses
- F1The restricted stock units fully vested on April 1, 2017, the first day of the month following the date of satisfaction of certain performance criteria.
- F2Each restricted stock unit represented the right to receive one share of common stock.
- F3This sale was effected in accordance with the terms of the underlying restricted stock unit award agreement and was made in order to pay the tax liability arising from the vesting of the restricted stock units.