SEC Form 4 · accession 0001104659-18-074521
TESARO, Inc. · TSRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory F Covino
Officer — SVP,CAO,PAO
Period of report
Dec 20, 2018
Accepted (ET)
Dec 21, 2018 · 7:18 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 | Dec 20, 2018 | M | 3,055 | $0.00 | A | 3,055 | D | |
| Common Stock | Dec 20, 2018 | F | 899 | $73.10 | D | 2,156 | 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 UnitsF1,F2 | — | Dec 20, 2018 | M | 3,055 | D | — | — | Common Stock | 3,055 | 1,525 | D |
Explanation of responses
- F1Each restricted stock unit represented a contingent right to receive one share of TESARO common stock.
- F2On December 20, 2018, the Compensation Committee of the Board of Directors of TESARO accelerated the vesting of a portion of the restricted stock units, which were previously scheduled to vest on July 16, 2020. The remaining restricted stock units will vest on July 16, 2020 in accordance with the original vesting schedule.