Gregory D. Perry - Jun 14, 2023 Form 4 Insider Report for Merus N.V. (MRUS)

Role: Chief Financial Officer
Signature: /s/ Peter Silverman as attorney-in-fact
Stock symbol: MRUS
Transactions as of: Jun 14, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/15/2023, 04:23 PM
Previous filing: Jun 12, 2023
Next filing: Jun 23, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MRUS	Share option (right to buy	Award	$0	+373K		$0.00	373K	Jun 14, 2023	Common Shares	373K	$26.50	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The options vest and become exercisable as to 25% of the underlying shares on the first anniversary of the date of grant, with the remaining underlying shares vesting in 36 substantially equal monthly installments thereafter, such that the options shall be vested and exercisable as to all shares on the fourth anniversary of the date of grant, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.

Content

The options vest and become exercisable as to 25% of the underlying shares on the first anniversary of the date of grant, with the remaining underlying shares vesting in 36 substantially equal monthly installments thereafter, such that the options shall be vested and exercisable as to all shares on the fourth anniversary of the date of grant, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.