Harry Shuman - Dec 1, 2023 Form 4 Insider Report for Merus N.V. (MRUS)

Role: VP Controller, PAO
Signature: /s/ Peter Silverman
Stock symbol: MRUS
Transactions as of: Dec 1, 2023
Transactions value $: -$14,134
Form type: 4
Date filed: 12/4/2023, 04:05 PM
Previous filing: Oct 11, 2023
Next filing: Dec 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MRUS	Common Shares	Options Exercise	$0	+2.5K	+45.94%	$0.00	7.94K	Dec 1, 2023	Direct
transaction	MRUS	Common Shares	Sale	-$14.1K	-575	-7.24%	$24.58	7.37K	Dec 1, 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	Restricted Share Unit	Options Exercise		-2.5K	-33.33%		5K	Dec 1, 2023	Common Shares	2.5K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales reported in the Form 4 were effected pursuant to a Rule 10b5-1 instruction solely with the intent to cover taxes in connection with the vesting of certain previously reported Restricted Share Units.
F2	Restricted stock units vest in four equal installments on each of June 1, 2022, December 1, 2022, June 1, 2023, and December 1, 2023. Restricted stock units convert into Issuer common stock on a one-for-one basis. There is no applicable conversion or exercise price.