SEC Form 4 · accession 0001104659-18-055379
TESARO, Inc. · TSRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Orlando Oliveira
Officer — SVP & GM, International
Period of report
Sep 1, 2018
Accepted (ET)
Sep 5, 2018 · 5:04 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 | Sep 1, 2018 | M | 1,250 | $0.00 | A | 10,326 | D | |
| Common Stock | Sep 4, 2018 | S | 72 | $32.44 | D | 10,254 | 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 | — | Sep 1, 2018 | M | 1,250 | D | — | — | Common Stock | 1,250 | 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 the 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 September 1, 2015 and vest in four equal annual installments beginning September 1, 2016.
Remarks
Exhibit List: Exhibit 24 - Power of Attorney