Mark T. Iwicki - 14 Apr 2023 Form 4 Insider Report for Merus N.V. (MRUS)

Role
Director
Signature
/s/ Peter Silverman as attorney-in-fact
Issuer symbol
MRUS
Transactions as of
14 Apr 2023
Transactions value $
$534,679
Form type
4
Filing time
17 Apr 2023, 08:26:42 UTC
Previous filing
15 Mar 2023
Next filing
02 Jun 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 $243K +36.9K $6.57 36.9K 14 Apr 2023 Direct F1
transaction MRUS Common Shares Options Exercise $292K +36.6K +99.16% $7.97 73.6K 14 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 -36.9K -100% $0.00* 0 14 Apr 2023 Common Shares 36.9K $6.57 Direct F2
transaction MRUS Share Option (right to buy) Options Exercise $0 -36.6K -100% $0.00* 0 14 Apr 2023 Common Shares 36.6K $7.97 Direct F3
* 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 1.1057 used to convert to USD.
F2 Options vest over a four-year period commencing June 6, 2015. 25% vest after one year and in 36 equal installments thereafter.
F3 Options vest over a four-year period commencing August 21, 2015. 25% vest after one year and in 36 equal installments thereafter.