SEC Form 4 · accession 0001104659-18-049533
TESARO, Inc. · TSRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph L Farmer
Officer — Sr VP, Gen Counsel & Secretary
Period of report
Aug 1, 2018
Accepted (ET)
Aug 3, 2018 · 5:00 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 | Aug 1, 2018 | M | 625 | $0.00 | A | 8,479 | D | |
| Common Stock | Aug 1, 2018 | S | 187 | $34.37 | D | 8,292 | 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 | — | Aug 1, 2018 | M | 625 | D | — | — | Common Stock | 625 | 1,250 | D |
Explanation of responses
- F1This sale was effected in accordance with the terms of the underlying restricted stock unit award agreement, and a 10b5-1 trading plan entered into by the reporting person, and was made in order to pay 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 July 27, 2016 and vest in four equal installments beginning on August 1, 2017.