SEC Form 4 · accession 0001104659-18-040171
TESARO, Inc. · TSRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence M Alleva
Director
Period of report
Jun 12, 2018
Accepted (ET)
Jun 14, 2018 · 4:14 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 12, 2018 | M | 7,142 | $6.615 | A | 37,044 | D | |
| Common StockF2 | Jun 12, 2018 | S | 2,942 | $42.62 | D | 34,102 | D | |
| Common StockF3 | Jun 12, 2018 | S | 4,200 | $43.46 | D | 29,902 | 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)F4 | $6.615 | Jun 12, 2018 | M | 7,142 | D | — | May 2, 2022 | Common Stock | 7,142 | 0 | D |
Explanation of responses
- F1The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2The price reported is a weighted average. The shares were sold in multiple transactions at prices ranging from $42.18 to $42.97, inclusive. The reporting person undertakes to provide to TESARO, Inc., any security holder of TESARO, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F3The price reported is a weighted average. The shares were sold in multiple transactions at prices ranging from $43.19 to $43.88, inclusive. The reporting person undertakes to provide to TESARO, Inc., any security holder of TESARO, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F4Of the original grant of options to purchase 7,142 shares of common stock, 2,380 vested on April 27, 2013, 2,381 vested on April 27, 2014, and 2,381 vested on April 27, 2015.