Merus SEC Filings

A director of Merus N.V. reported the cancellation of multiple share options in connection with a cash tender offer by Genmab. Under a transaction agreement signed on September 29, 2025, Genmab’s wholly owned subsidiary launched an offer for all issued and outstanding Merus common shares and, on December 12, 2025, accepted all shares that were validly tendered at $97.00 per share in cash.

The reporting person held several options to buy Merus common shares with exercise prices between $10.04 and $48.73. Each option was cancelled on December 12, 2025 in exchange for cash equal to the difference between the $97.00 offer price and the option’s exercise price, multiplied by the number of underlying shares. Following these transactions, the reporting person listed no remaining derivative securities related to Merus common shares.

Merus N.V. director filed an insider report related to Genmab A/S's cash tender offer for all of the company’s common shares at $97.00 per share. On December 12, 2025, Genmab’s wholly owned subsidiary accepted all Shares that were validly tendered and not properly withdrawn, with cash consideration to be paid as soon as practicable afterward.

The filing also shows the director’s stock options were cancelled under the transaction agreement in exchange for cash equal to the difference between the $97.00 offer price and each option’s exercise price, multiplied by the number of underlying Shares, leaving no derivative securities beneficially owned.

Merus N.V. reported that a director’s share options were cancelled in connection with a cash tender offer by Genmab A/S for all Merus common shares. The offer, made through a Genmab subsidiary, accepted all shares validly tendered as of December 12, 2025 in exchange for $97.00 per share in cash, before taxes, payable as soon as practicable after that time. The reported options covered 13,193 and 17,688 common shares with exercise prices of $41.6 and $48.73; each option was cancelled for cash equal to the offer price minus the exercise price, multiplied by the number of underlying shares.

Merus N.V. reported that its Chief Operating Officer and General Counsel, Peter Silverman, canceled multiple stock option awards on December 12, 2025. These share options, with exercise prices ranging from $11.16 to $41.65 per share and expirations between 2029 and 2035, now show zero derivative securities beneficially owned after the transactions.

The cancellations are tied to a transaction in which Genmab A/S, through its wholly owned subsidiary Genmab Holding II B.V., commenced a tender offer for all issued and outstanding Merus common shares. As of the “Acceptance Time” on December 12, 2025, the purchaser accepted all validly tendered shares in exchange for cash of $97.00 per share, without interest and less applicable withholding taxes. Each canceled option is being settled for cash equal to the difference between the $97.00 offer price and its exercise price, multiplied by the number of underlying shares.

Merus N.V. reports how its Chief Medical Officer’s equity was treated in connection with a change-of-control transaction involving Genmab. Genmab’s wholly owned subsidiary commenced a tender offer for all issued and outstanding Merus common shares, and on December 12, 2025 accepted all shares that were validly tendered in exchange for a cash payment of $97.00 per share, without interest and less applicable withholding taxes.

On the same date, stock options with exercise prices of $41.65 and $54.45, covering 50,000 and 183,943 Merus common shares respectively, were cancelled under the transaction agreement. In place of these options, the reporting person became entitled to cash equal to the amount by which the $97.00 offer price exceeded each option’s exercise price, multiplied by the number of underlying shares, leaving zero derivative securities from these grants outstanding.

Merus N.V. reported that its president and CEO tendered his indirectly held common shares and had his stock options cancelled in connection with a cash tender offer by a subsidiary of Genmab A/S. Under a transaction agreement dated September 29, 2025, Genmab Holding II B.V. launched an offer for all issued and outstanding Merus common shares, and on December 12, 2025 it accepted all shares validly tendered at $97.00 per share in cash, without interest and less applicable withholding taxes. Family trusts for which the reporting person and his immediate family are the sole beneficiaries tendered all of their Merus common shares, leaving zero indirect beneficial ownership. On the same date, several option awards with exercise prices between $13.52 and $41.65 per share were cancelled in exchange for cash equal to their in‑the‑money value based on the $97.00 offer price.

Merus N.V. director reports the cancellation of multiple stock option awards in connection with Genmab’s cash tender offer for all Merus common shares at $97.00 per share.

Under a transaction agreement with Genmab A/S and its subsidiary Genmab Holding II B.V., the purchaser accepted all validly tendered Merus shares on December 12, 2025 and will pay the cash consideration without interest, less applicable withholding taxes.

Several “share option (right to buy)” positions with exercise prices ranging from $16.09 to $48.73 and expirations between 2030 and 2035 were disposed of on December 12, 2025. Each option is being converted into cash equal to the excess of the $97.00 offer price over its exercise price, multiplied by the number of underlying common shares, leaving the director with zero of these options after the transaction.

Merus N.V.’s VP Controller and Principal Accounting Officer reported the cash-out of all personal equity in connection with Genmab’s tender offer. On December 12, 2025, the officer tendered 11,002 common shares, which were accepted at $97.00 per share in cash, leaving no common shares beneficially owned afterward. Previously granted employee stock options covering various numbers of common shares at exercise prices between $13.23 and $41.65 were cancelled on the same date and converted into cash equal to their in-the-money value based on the $97.00 offer price.

Merus N.V. discloses that a director participated in the cash tender offer launched by Genmab’s subsidiary for all issued and outstanding Merus common shares. On December 12, 2025, the director tendered 73,576 common shares, which were accepted at a cash price of $97.00 per share, leaving the director with no remaining common shares after the transaction.

The report also explains that several Merus stock options held by the director, covering blocks of shares such as 13,193, 8,844 and 14,414, with exercise prices including $41.60, $48.73 and $23.29 per share, were cancelled under the transaction agreement. In each case, the option was exchanged for cash equal to the amount by which the $97.00 offer price exceeded the option’s exercise price, multiplied by the number of underlying shares, so the director now reports holding no derivative securities.