0001104659-18-014882.txt : 20180305
0001104659-18-014882.hdr.sgml : 20180305
20180305172439
ACCESSION NUMBER: 0001104659-18-014882
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180301
FILED AS OF DATE: 20180305
DATE AS OF CHANGE: 20180305
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hedley Mary Lynne
CENTRAL INDEX KEY: 0001340823
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35587
FILM NUMBER: 18667484
MAIL ADDRESS:
STREET 1: C/O TESARO, INC.
STREET 2: 1000 WINTER ST., STE 3300
CITY: WALTHAM
STATE: MA
ZIP: 02451
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TESARO, Inc.
CENTRAL INDEX KEY: 0001491576
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 272249687
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1000 WINTER STREET, SUITE 3300
CITY: WALTHAM
STATE: MA
ZIP: 02451
BUSINESS PHONE: (339) 970-0900
MAIL ADDRESS:
STREET 1: 1000 WINTER STREET, SUITE 3300
CITY: WALTHAM
STATE: MA
ZIP: 02451
FORMER COMPANY:
FORMER CONFORMED NAME: Tesaro, Inc.
DATE OF NAME CHANGE: 20100510
4
1
a4.xml
4
X0306
4
2018-03-01
0
0001491576
TESARO, Inc.
TSRO
0001340823
Hedley Mary Lynne
C/O TESARO, INC.
1000 WINTER STREET
WALTHAM
MA
02451
1
1
0
0
President & COO
Common Stock
2018-03-01
4
M
0
10000
0
A
16073
D
Common Stock
2018-03-01
4
M
0
2780
0
A
18853
D
Common Stock
2018-03-01
4
S
0
3855
54.86
D
14998
D
Common Stock
563569
I
See Footnote
Restricted Stock Units
2018-03-01
4
M
0
10000
0
D
Common Stock
10000
20000
D
Restricted Stock Units
2018-03-01
4
M
0
2780
0
D
Common Stock
2780
8339
D
Restricted Stock Units
2018-03-01
4
A
0
40909
0
A
Common Stock
40909
40909
D
Employee Stock Option (right to buy)
55.84
2018-03-01
4
A
0
71896
0
A
2028-03-01
Common Stock
71896
71896
D
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.
/s/ Joseph L. Farmer, attorney-in-fact
2018-03-05