SEC Form 4 · accession 0001104659-18-014890
TESARO, Inc. · TSRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leon O Moulder Jr.
Officer — Chief Executive Officer · Director
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 5:27 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 | Mar 1, 2018 | M | 12,500 | $0.00 | A | 1,031,328 | D | |
| Common Stock | Mar 1, 2018 | M | 3,336 | $0.00 | A | 1,034,664 | D | |
| Common Stock | holding | — | — | — | 5,000 | I | By the Leon Moulder Revocable Trust |
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,F2 | — | Mar 1, 2018 | M | 12,500 | D | — | — | Common Stock | 12,500 | 25,000 | D |
| Restricted Stock UnitsF1,F3 | — | Mar 1, 2018 | M | 3,336 | D | — | — | Common Stock | 3,336 | 10,007 | D |
| Restricted Stock UnitsF1,F4 | — | Mar 1, 2018 | A | 50,000 | A | — | — | Common Stock | 50,000 | 50,000 | D |
| Employee Stock Option (right to buy)F5 | $55.84 | Mar 1, 2018 | A | 87,873 | A | — | Mar 1, 2028 | Common Stock | 87,873 | 87,873 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of TESARO common stock.
- F2The RSUs were granted on March 1, 2016, and the remaining RSUs vest in two equal annual installments on each of March 1, 2019 and 2020.
- F3The RSUs were granted on March 1, 2017, and the remaining RSUs vest in three equal annual installments on each of March 1, 2019, 2020 and 2021.
- F4The RSUs vest in four equal annual installments beginning on March 1, 2019.
- F5The option vests in 48 equal monthly installments beginning on April 1, 2018.