Merus (MRUS) COO Silverman sold 10,000 shares for $600K at $60.00 under a 10b5-1 plan
Insider transactions reported
Peter B. Silverman (COO & GC at Merus N.V., MRUS) reported that they sold 10,000 shares for $600K at $60.00, and acquired 10,000 shares at $17.94 on Jun 27, 2024. After these transactions the filing shows 0 shares held directly.
- Reporting person
- Silverman Peter B.
- Role
- COO & GC
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jun 27, 2024 | Exercise or conversion of a derivative (M) | Common Shares1 | +10,000 | avg $17.94 | $179K | 10,000 direct |
| Jun 27, 2024 | Open-market sale (S) | Common Shares1 | -10,000 | $60.00 | $600K | 0 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jun 27, 2024 | Exercise or conversion of a derivative (M) | Share Option (right to buy)On 10,000 Common Shares1, 2 | -10,000 | - | - | 0 direct |
Holdings before and after
- Share Option (right to buy): 2,547 to 0 direct
Footnotes from the filing
- 1. These transactions were effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on March 15, 2024.
- 2. The options is fully vested and exercisable.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
FAQ
What did Silverman report in this MRUS Form 4?
Peter B. Silverman (COO & GC at Merus N.V., MRUS) reported that they sold 10,000 shares for $600K at $60.00, and acquired 10,000 shares at $17.94 on Jun 27, 2024. After these transactions the filing shows 0 shares held directly.
How many MRUS shares does Silverman hold after this filing?
The filing shows 0 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this MRUS insider sale made under a 10b5-1 plan?
The filing's footnotes mention a Rule 10b5-1 trading plan. Such a plan sets the terms of future trades in advance.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for MRUS
Earlier insider filings at MRUS
- Jun 20, 2024COO & GC Silverman Peter B. exercised 62,000 shares at a strike of $24.36 and sold $3,504,178 worth of shares (62,000 units at $56.52) (SEC Form 4)
- Jun 12, 2024VP Controller, PAO Shuman Harry sold $475,456 worth of shares (8,300 units at $57.28) and converted options into 8,300 shares (SEC Form 4)
- Jun 6, 2024Shuman Harry converted options into 6,000 shares and sold $317,354 worth of shares (6,000 units at $52.89) (SEC Form 4)
- May 9, 2024SEC Form 4 filed by Haddock Jason
- May 9, 2024SEC Form 4 filed by Pucci Paolo
- Market cap
- 30-day
- Sector
- Health Care
- Industry
- Biotechnology: Pharmaceutical Preparations
- Listed since
- 2016
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