Peter Silverman - Dec 15, 2023 Form 4 Insider Report for Merus N.V. (MRUS)

Role
COO & GC
Signature
/s/ Peter Silverman as attorney-in-fact
Stock symbol
MRUS
Transactions as of
Dec 15, 2023
Transactions value $
-$559,650
Form type
4
Date filed
12/18/2023, 05:15 PM
Previous filing
Feb 3, 2023
Next filing
May 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRUS Common Shares Options Exercise +21.1K 21.1K Dec 15, 2023 Direct F1
transaction MRUS Common Shares Options Exercise +1.29K +6.09% 22.4K Dec 15, 2023 Direct F2
transaction MRUS Common Shares Sale -$560K -22.4K -100% $25.00 0 Dec 15, 2023 Direct 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 MRUS Share Option (right to buy) Options Exercise $0 -21.1K -100% $0.00* 0 Dec 15, 2023 Common Shares 21.1K $11.16 Direct F1, F4, F5
transaction MRUS Share Option (right to buy) Options Exercise $0 -1.29K -100% $0.00* 0 Dec 15, 2023 Common Shares 1.29K $12.37 Direct F2, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the exercise price of the options originally granted on February 20, 2019.
F2 Represents the exercise price of the options originally granted on April 16, 2020.
F3 Amount represents the weighted average price of shares sold, which ranged from $25.02 to $25.00. Details of individual transactions are available upon request.
F4 Options vest over a four-year period commencing February 20, 2019. 25% vest after one year and in 36 equal monthly installments thereafter.
F5 Number of derivative securities beneficially owned following the reported transaction is in reference to the number of options that remain outstanding of those originally granted on February 20, 2019.
F6 Options vest over a four-year period commencing April 16, 2020. 25% vest after one year and in 36 equal monthly installments thereafter.
F7 Number of derivative securities beneficially owned following the reported transaction is in reference to the number of options that remain outstanding of those originally granted on April 20, 2020.