Deepika Pakianathan - Aug 22, 2024 Form 4 Insider Report for Mereo BioPharma Group plc (MREO)

Role
Director
Signature
/s/ Deepika Pakianathan
Stock symbol
MREO
Transactions as of
Aug 22, 2024
Transactions value $
-$315,094
Form type
4
Date filed
8/23/2024, 06:13 PM
Previous filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MREO American Depositary Shares representing Ordinary Shares Options Exercise $5.48K +1.83K $3.00 1.83K Aug 22, 2024 Direct F1
transaction MREO American Depositary Shares representing Ordinary Shares Options Exercise $11.9K +6.49K +355.73% $1.84 8.32K Aug 22, 2024 Direct F1
transaction MREO American Depositary Shares representing Ordinary Shares Options Exercise $33.8K +12.4K +149.31% $2.72 20.7K Aug 22, 2024 Direct F1
transaction MREO American Depositary Shares representing Ordinary Shares Options Exercise $51K +39K +187.86% $1.31 59.7K Aug 22, 2024 Direct F1
transaction MREO American Depositary Shares representing Ordinary Shares Options Exercise $40.9K +43.5K +72.85% $0.94 103K Aug 22, 2024 Direct F1
transaction MREO American Depositary Shares representing Ordinary Shares Options Exercise $8.01K +2.07K +2.01% $3.87 105K Aug 22, 2024 Direct F1
transaction MREO American Depositary Shares representing Ordinary Shares Sale -$466K -105K -100% $4.43 0 Aug 22, 2024 Direct F1, F2, F3

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 MREO Share Options (right to buy) Options Exercise $0 -5.5K -100% $0.00 0 Aug 22, 2024 American Depository Shares 5.5K $3.00 Direct F1, F4
transaction MREO Share Options (right to buy) Options Exercise $0 -11K -100% $0.00 0 Aug 22, 2024 American Depository Shares 11K $1.84 Direct F1, F5
transaction MREO Share Options (right to buy) Options Exercise $0 -31.5K -100% $0.00 0 Aug 22, 2024 American Depository Shares 31.5K $2.72 Direct F1, F6
transaction MREO Share Options (right to buy) Options Exercise $0 -55K -100% $0.00 0 Aug 22, 2024 American Depository Shares 55K $1.31 Direct F1, F7
transaction MREO Share Options (right to buy) Options Exercise $0 -55K -100% $0.00 0 Aug 22, 2024 American Depository Shares 55K $0.94 Direct F1, F8
transaction MREO Share Options (right to buy) Options Exercise $0 -15K -33.33% $0.00 30K Aug 22, 2024 American Depository Shares 15K $3.87 Direct F1, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each American Depositary Share ("ADS") represents five ordinary shares of the Issuer.
F2 Sale is due to fund administration reasons.
F3 The price reported in Column 4 is a weighted average price. These ADSs were sold in multiple transactions at prices ranging from $4.360 to $4.495, inclusive. The Reporting Person undertakes to provide to Mereo BioPharma Group plc ("Mereo"), any security holder of Mereo, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of ADSs sold at each separate price within the ranges set forth in footnote (3) to this Form
F4 Vested in substantially equal monthly installments over a one year period from the July 23, 2019 grant date.
F5 Vested in substantially equal monthly installments over a one year period from the February 20, 2020 grant date.
F6 Vested in substantially equal monthly installments over a one year period from the February 1, 2021 grant date.
F7 Vested in substantially equal monthly installments over a one year period from the February 1, 2022 grant date.
F8 Vested in substantially equal monthly installments over a one year period from the February 1, 2023 grant date.
F9 Vests in substantially equal monthly installments over a one year period from the February 8, 2024 grant date. As of June 8, 2024, 15,000 Share Options have vested.