SEC Form 4 · accession 0001104659-18-074523
TESARO, Inc. · TSRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary Lynne Hedley
Officer — President & COO · Director
Period of report
Dec 20, 2018
Accepted (ET)
Dec 21, 2018 · 7:19 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 | 23,390 | $6.615 | A | 38,388 | D | |
| Common Stock | Dec 20, 2018 | F | 11,572 | $73.10 | D | 26,816 | D | |
| Common StockF1 | holding | — | — | — | 563,569 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $6.615 | Dec 20, 2018 | M | 23,390 | D | — | Mar 16, 2022 | Common Stock | 23,390 | 296,101 | D |
Explanation of responses
- F1These shares are held by trusts of which the Reporting Person is a trustee or co-trustee. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, of such portion of the shares of TESARO held by the trusts in which the Reporting Person has no pecuniary interest.
- F2A quarter of the options vested on March 16, 2013 and, thereafter, 1/36th of the remaining options vested on each monthly anniversary of such date.