SEC Form 4 · accession 0001104659-18-038345
TESARO, Inc. · TSRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kavita Patel
Director
Period of report
Jun 1, 2018
Accepted (ET)
Jun 5, 2018 · 5:07 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 | Jun 1, 2018 | A | 1,226 | $0.00 | A | 2,757 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Nonqualified Stock Option (right to buy)F2 | $46.89 | Jun 1, 2018 | A | 7,209 | A | — | Jun 1, 2028 | Common Stock | 7,209 | 7,209 | D |
| Director Restricted Stock UnitsF3,F4 | — | Jun 1, 2018 | A | 4,052 | A | — | — | Common Stock | 4,052 | 4,052 | D |
Explanation of responses
- F1The Reporting Person has elected to receive common stock in lieu of cash for board retainers and fees otherwise payable in cash, and has elected to defer delivery of that common stock until the date that she separates from service on the Issuer's board of directors.
- F2The option vests on the earlier of the one-year anniversary of the date of grant and the next annual meeting of the Issuer's stockholders, subject to the Reporting Person's continued service on the Issuer's board of directors.
- F3Each restricted stock unit ("RSU") represents a contingent right to receive one share of TESARO common stock.
- F4The RSUs vest on the earlier of the one-year anniversary of the date of grant and the next annual meeting of the Issuer's stockholders, subject to the Reporting Person's continued service on the Issuer's board of directors.