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

Role
COO & GC
Signature
/s/ Peter Silverman as attorney-in-fact
Issuer symbol
MRUS
Transactions as of
15 Dec 2023
Net transactions value
-$559,650
Form type
4
Filing time
18 Dec 2023, 17:15:06 UTC
Previous filing
03 Feb 2023
Next filing
09 May 2024
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 +21,100 21,100 15 Dec 2023 Direct F1
transaction MRUS Common Shares Options Exercise +1,286 +6.1% 22,386 15 Dec 2023 Direct F2
transaction MRUS Common Shares Sale $559,650 -22,386 -100% $25.00 0 15 Dec 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 -21,100 -100% $0.000000* 0 15 Dec 2023 Common Shares 21,100 $11.16 Direct F1, F4, F5
transaction MRUS Share Option (right to buy) Options Exercise $0 -1,286 -100% $0.000000* 0 15 Dec 2023 Common Shares 1,286 $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.