OLIVEIRA ORLANDO (SVP & GM, International) exercised options at TESARO, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

OLIVEIRA ORLANDO

Filed: 12/21/2018ACC: 0001104659-18-074522

InsiderOLIVEIRA ORLANDOCIK 1699305

→

IssuerTESARO, INC.CIK 1491576

Officer· SVP & GM, International

Since Sep 2018

-44.16K

Net shares

Net seller

$3.23M

Total sold

Open market trades

0B · 0S

Total transactions

63.28K acquired · 107.44K disposed

Non-Derivative Transactions4

Common Stock

Direct

M · Option Exercise

+5.99K

Price / share

$55.84

Trade value

$334.54K

% of position

58.4%

12/20/2018

10.25K→16.25K

Common Stock

Direct

M · Option Exercise

+18.23K

Price / share

$43.39

Trade value

$790.96K

% of position

112.2%

12/20/2018

16.25K→34.47K

Common Stock

Direct

M · Option Exercise

+39.06K

Price / share

$51.69

Trade value

$2.02M

% of position

113.3%

12/20/2018

34.47K→73.54K

Common Stock

Direct

F · Tax Withholding

−44.16K

Price / share

$73.10

Trade value

$3.23M

% of position

60.0%

12/20/2018

73.54K→29.38K

Total

Net shares

+19.12K

Net value

-$83.34K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/20/2018	M · Option Exercise	+5.99K	$55.84	$334.54K	58.4%	10.25K	16.25K
Common Stock Direct	12/20/2018	M · Option Exercise	+18.23K	$43.39	$790.96K	112.2%	16.25K	34.47K
Common Stock Direct	12/20/2018	M · Option Exercise	+39.06K	$51.69	$2.02M	113.3%	34.47K	73.54K
Common Stock Direct	12/20/2018	F · Tax Withholding	−44.16K	$73.10	$3.23M	60.0%	73.54K	29.38K
Total			+19.12K		-$83.34K

Derivative Transactions3

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

5.99K shares

−5.99K

Strike price

55.84

Held after

25.96K

Exercisable

—

12/20/2018

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

18.23K shares

−18.23K

Strike price

43.39

Held after

10.94K

Exercisable

—

12/20/2018

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

39.06K shares

−39.06K

Strike price

51.69

Held after

14.06K

Exercisable

—

12/20/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (right to buy) Direct	Common Stock5.99K shares	12/20/2018	M · Option Exercise	−5.99K	55.84	—	25.96K
Employee Stock Option (right to buy) Direct	Common Stock18.23K shares	12/20/2018	M · Option Exercise	−18.23K	43.39	—	10.94K
Employee Stock Option (right to buy) Direct	Common Stock39.06K shares	12/20/2018	M · Option Exercise	−39.06K	51.69	—	14.06K