Peter B. Silverman - 17 Jun 2024 Form 4 Insider Report for Merus N.V. (MRUS)

Role
COO & GC
Signature
/s/ Peter Silverman
Issuer symbol
MRUS
Transactions as of
17 Jun 2024
Net transactions value
-$1,993,898
Form type
4
Filing time
20 Jun 2024, 16:30:06 UTC
Previous filing
09 May 2024
Next filing
28 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRUS Common Shares Options Exercise $218,156 +8,423 $25.90 8,423 17 Jun 2024 Direct F1
transaction MRUS Common Shares Options Exercise $1,076,844 +41,577 +494% $25.90 50,000 17 Jun 2024 Direct F1
transaction MRUS Common Shares Options Exercise $49,281 +2,747 +5.5% $17.94 52,747 17 Jun 2024 Direct F1
transaction MRUS Common Shares Options Exercise $165,999 +9,253 +18% $17.94 62,000 17 Jun 2024 Direct F1
transaction MRUS Common Shares Sale $3,504,178 -62,000 -100% $56.52 0 17 Jun 2024 Direct F1

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) Options Exercise $0 -8,423 -100% $0.000000* 0 17 Jun 2024 Common Shares 8,423 $25.90 Direct F1, F2
transaction MRUS Share Option (right to buy) Options Exercise $0 -41,577 -100% $0.000000* 0 17 Jun 2024 Common Shares 41,577 $25.90 Direct F1, F2
transaction MRUS Share Option (right to buy) Options Exercise $0 -2,747 -52% $0.000000 2,547 17 Jun 2024 Common Shares 2,747 $17.94 Direct F1, F2
transaction MRUS Share Option (right to buy) Options Exercise $0 -9,253 -55% $0.000000 7,453 17 Jun 2024 Common Shares 9,253 $17.94 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These transactions were effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on March 15, 2024.
F2 The option is fully vested and exercisable.