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4//SEC Filing

Yang Arvin 4

Accession 0001104659-21-145951

CIK 0001442836other

Filed

Dec 1, 7:00 PM ET

Accepted

Dec 2, 5:00 PM ET

Size

9.6 KB

Accession

0001104659-21-145951

Insider Transaction Report

Form 4
Period: 2021-11-30
Yang Arvin
Chief Medical Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2021-11-30+18,50018,500 total
  • Sale

    Common Stock

    2021-12-01$6.81/sh5,527$37,63912,973 total
  • Exercise/Conversion

    Restricted Stock Units

    2021-11-3018,50018,500 total
    Common Stock (18,500 underlying)
Footnotes (4)
  • [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement.
  • [F2]Represents the number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of the RSUs listed in Table II. These sales were mandated by the Issuer's election under its equity incentive plans to require the reporting person to sell a number of shares of common stock needed to satisfy his tax withholding obligations and does not represent a discretionary trade by the reporting person.
  • [F3]The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $6.68 to $7.00, inclusive. The reporting person undertakes to provide to Mersana Therapeutics, Inc., any security holder of Mersana Therapeutics, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
  • [F4]50% of the total number of RSUs vested on November 30, 2021, and the remainder of the total number of RSUs shall vest on November 30, 2022.

Issuer

Mersana Therapeutics, Inc.

CIK 0001442836

Entity typeother

Related Parties

1
  • filerCIK 0001834321

Filing Metadata

Form type
4
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 5:00 PM ET
Size
9.6 KB