SEC Form 4 · accession 0001104659-17-058681
TESARO, Inc. · TSRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin H. Huber Jr.
Officer — SVP & Chief Medical Officer
Period of report
Sep 21, 2017
Accepted (ET)
Sep 25, 2017 · 5:44 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 | Sep 21, 2017 | M | 1,250 | $0.00 | A | 6,943 | D | |
| Common Stock | Sep 22, 2017 | S | 592 | $118.60 | D | 6,351 | 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 UnitsF1,F3 | — | Sep 21, 2017 | M | 1,250 | D | — | — | Common Stock | 1,250 | 2,500 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of TESARO common stock.
- F2This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person and was made in order to pay the tax liability arising from the vesting of the restricted stock units.
- F3On September 21, 2015, the reporting person was granted 5,000 restricted stock units, vesting in in four equal annual installments beginning September 21, 2016.