Home > Insider Trading > Filing (0001104659-18-014882)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1491576	Tesaro Inc.	TSRO	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1340823	Lynne Mary Hedley	C/O Tesaro, Inc. 1000 Winter Street Waltham MA 02451	President & Coo	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2018-03-01	10,000	$0.00	16,073	No	4	M	Direct
Common Stock	Acquisiton	2018-03-01	2,780	$0.00	18,853	No	4	M	Direct
Common Stock	Disposition	2018-03-01	3,855	$54.86	14,998	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2018-03-01	10,000	$0.00	10,000	$0.00
Common Stock	Restricted Stock Units	Disposition	2018-03-01	2,780	$0.00	2,780	$0.00
Common Stock	Restricted Stock Units	Acquisiton	2018-03-01	40,909	$0.00	40,909	$0.00
Common Stock	Employee Stock Option (right to buy)	Acquisiton	2018-03-01	71,896	$0.00	71,896	$55.84

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
20,000		No	4	M	Direct
8,339		No	4	M	Direct
40,909		No	4	A	Direct
71,896	2028-03-01	No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	563,569	Indirect	See Footnote

Footnotes

This sale was effected pursuant to the terms of a 10b5-1 plan adopted by the reporting person and was made in order to pay the tax liability arising from the vesting of restricted stock units.
The price reported is a weighted average. The shares were sold in multiple transactions at prices ranging from $54.86 to $54.87, inclusive. The reporting person undertakes to provide to TESARO, any security holder of TESARO, 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.
These 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.
Each restricted stock unit represents a contingent right to receive one share of TESARO common stock.
The RSUs were granted on March 1, 2016, and the remaining RSUs vest in two equal annual installments on each of March 1, 2019 and 2020.
The RSUs were granted on March 1, 2017, and the remaining RSUs vest in three equal annual installments on each of March 1, 2019, 2020 and 2021.
The RSUs vest in four equal annual installments beginning on March 1, 2019.
The option vests in 48 equal monthly installments beginning on April 1, 2018.