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4//SEC Filing

Yang Arvin 4

Accession 0001104659-22-124083

CIK 0001442836other

Filed

Dec 1, 7:00 PM ET

Accepted

Dec 2, 4:01 PM ET

Size

18.7 KB

Accession

0001104659-22-124083

Insider Transaction Report

Form 4
Period: 2022-11-30
Yang Arvin
Chief Medical Officer
Transactions
  • Sale

    Common Stock

    2022-12-01$6.59/sh5,527$36,42325,946 total
  • Exercise/Conversion

    Common Stock

    2022-11-30+18,50031,473 total
  • Exercise/Conversion

    Restricted stock unit

    2022-11-3018,5000 total
    Common Stock (18,500 underlying)
Footnotes (5)
  • [F1]Represents shares of common stock received upon the vesting of a portion of the restricted stock units ("RSUs") awarded to the Reporting Person on November 30, 2020.
  • [F2]Represents the sale of shares of common stock to satisfy the Reporting Person's tax withholding obligations in connection with the service-based vesting and settlement of the RSUs. 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 is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $6.38 to $6.63, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  • [F4]Each RSU represents the contingent right to receive one share of common stock of the Issuer.
  • [F5]The restricted stock units vested in full 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, 4:01 PM ET
Size
18.7 KB