SEC Form 4 · accession 0001104659-17-055905
TESARO, Inc. · TSRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Orlando Oliveira
Officer — SVP & GM, International
Period of report
Sep 1, 2017
Accepted (ET)
Sep 6, 2017 · 9:13 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 Stock | Sep 1, 2017 | M | 1,250 | $0.00 | A | 6,626 | D | |
| Common Stock | Sep 5, 2017 | S | 71 | $132.66 | D | 6,555 | 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,F3 | — | Sep 1, 2017 | M | 1,250 | D | — | — | Common Stock | 1,250 | 2,500 | D |
Explanation of responses
- F1This 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.
- F2Each restricted stock unit represents a contingent right to receive one share of TESARO common stock.
- F3The restricted stock units were granted on September 1, 2015 and vest in four equal annual installments beginning September 1, 2016.