Form 4: Merus N.V. Executive Harry Shuman Reports Stock Transactions
SEC Form 4
Harry Shuman, VP Controller, PAO of Merus N.V., reports the acquisition and disposal of common shares and the exercise of share options on June 4, 2024.
Summary
- On June 4, 2024, Harry Shuman, VP Controller, PAO of Merus N.V., engaged in multiple transactions involving the company's common shares and share options.
- Shuman exercised options to acquire a total of 6,000 common shares.
- These options had various exercise prices and grant dates ranging from 2019 to 2023.
- He also sold 6,000 common shares at prices of $52.846 and $53.124.
- Following these transactions, Shuman directly owns 7,0002 common shares.
- Shuman also holds options to purchase 75,200 common shares.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an insider. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company insider.
- The impact on other stakeholders (employees, customers, suppliers, creditors) is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 06/06/2019 | Options originally granted on this date. |
| 02/14/2020 | Options originally granted on this date. |
| 01/01/2020 | Options vest over a four-year period from this date. |
| 01/01/2021 | 25% of options vest on this date and in 36 equal monthly installments thereafter. |
| 02/16/2021 | Options originally granted on this date. |
| 05/28/2021 | Options vest over a four-year period commencing on this date. |
| 06/02/2021 | Options originally granted on this date. |
| 01/01/2022 | 25% of options vest on this date and in 36 equal monthly installments thereafter. |
| 01/01/2023 | Options vest over a four-year period from this date. |
| 02/02/2023 | Options originally granted on this date. |
| 01/01/2024 | 25% of options vest on this date and in 36 equal monthly installments thereafter. |
| 06/04/2024 | Date of transactions: exercise of options and sale of common shares. |
| 06/06/2024 | Date of the report. |
| 02/14/2030 | Expiration date of some share options. |
| 02/16/2031 | Expiration date of some share options. |
| 06/02/2031 | Expiration date of some share options. |
| 02/02/2033 | Expiration date of some share options. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.