Hui Liu - 06 Apr 2023 Form 4 Insider Report for Merus N.V. (MRUS)

Role
EVP, CBO & Head of Merus US
Signature
s/ Peter Silverman as attorney-in-fact
Issuer symbol
MRUS
Transactions as of
06 Apr 2023
Net transactions value
+$770,948
Form type
4
Filing time
10 Apr 2023, 12:43:46 UTC
Previous filing
03 Feb 2023
Next filing
19 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRUS Common Shares Options Exercise $770,948 +98,085 +169% $7.86 156,016 06 Apr 2023 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 -98,085 -100% $0.000000* 0 06 Apr 2023 Common Shares 98,085 $7.86 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exercise price is denominated in Euros. Exchange rate of 1.0915 used to convert to USD
F2 Options vest over a four-year period commencing December 16, 2015. 25% vest after one year and in 36 equal monthly installments thereafter.