Harry Shuman - May 7, 2024 Form 4 Insider Report for Merus N.V. (MRUS)

Role
VP Controller, PAO
Signature
/s/ Peter Silverman as attorney-in-fact
Stock symbol
MRUS
Transactions as of
May 7, 2024
Transactions value $
$0
Form type
4
Date filed
5/9/2024, 04:30 PM
Previous filing
Dec 20, 2023
Next filing
Jun 6, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MRUS Share Option (right to buy) Award $0 +27.6K $0.00 27.6K May 7, 2024 Common Shares 27.6K $36.09 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 1, 2024, the Board of Directors approved the grant of options to purchase the common shares, at an exercise price of $36.09 per share, subject to the Company's general meeting resolving upon, and the Board having implemented through an amendment to the Company's articles of association, an increase in the authorized share capital sufficient to satisfy the award set forth (the "Shareholder Approval Condition"). On May 7, 2024, the shareholders approved the amendment to the Company's articles of association, including the increase in the authorized share capital satisfying the Shareholder Approval Condition.
F2 Options vest over a four-year period from January 1, 2024. 25% vest on January 1, 2025 and in 36 equal monthly installments thereafter.