Iwicki Mark T. - 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
Net 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

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRUS Common Shares Options Exercise $242,722 +36,944 $6.57 36,944 14 Apr 2023 Direct F1
transaction MRUS Common Shares Options Exercise $291,957 +36,632 +99% $7.97 73,576 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 -36,944 -100% $0.000000* 0 14 Apr 2023 Common Shares 36,944 $6.57 Direct F2
transaction MRUS Share Option (right to buy) Options Exercise $0 -36,632 -100% $0.000000* 0 14 Apr 2023 Common Shares 36,632 $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.