Joe Andrew 4
4 · Merus N.V. · Filed May 9, 2024
Insider Transaction Report
Form 4
Merus N.V.MRUS
Joe Andrew
SVP, CMO
Transactions
- Award
Share Option (right to buy)
2024-05-07+107,300→ 107,300 totalExercise: $36.09Exp: 2034-01-31→ Common Shares (107,300 underlying)
Footnotes (2)
- [F1]On February 1, 2024, the Board of Directors approved the grant of options to purchase the common shares, at an exercise price of $36.09 per share, subject to the Company's general meeting resolving upon, and the Board having implemented through an amendment to the Company's articles of association, an increase in the authorized share capital sufficient to satisfy the award set forth (the "Shareholder Approval Condition"). On May 7, 2024, the shareholders approved the amendment to the Company's articles of association, including the increase in the authorized share capital satisfying the Shareholder Approval Condition.
- [F2]Options vest over a four-year period from January 1, 2024. 25% vest on January 1, 2025 and in 36 equal monthly installments thereafter.