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Verastem, Inc. — Director's Dealing 2012
Jan 27, 2012
32713_dirs_2012-01-26_928d292c-0bb3-4b32-acd4-2b1dbb676b2e.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Verastem, Inc. (VSTM)
CIK: 0001526119
Period of Report: 2012-01-26
Reporting Person: Bessemer Venture Partners VII L.P. (Director, 10% Owner)
Reporting Person: Bessemer Venture Partners VII Institutional L.P. (Director, 10% Owner)
Reporting Person: BVP VII SPECIAL OPPORTUNITY FUND LP (Director, 10% Owner)
Reporting Person: Deer Management Co. LLC (Director, 10% Owner)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series A Preferred Stock | $ | Common Stock (1142857) | Indirect | ||
| Series B Preferred Stock | $ | Common Stock (714285) | Indirect | ||
| Series C Preferred Stock | $ | Common Stock (38095) | Indirect |
Footnotes
F1: These securities are shares of Series A Preferred Stock, Series B Preferred Stock and Series C Preferred Stock of the Issuer (collectively, the "Shares"), are convertible at any time at the holder's election and do not have an expiration date.
F2: Upon the closing of the Issuer's initial public offering, the Shares will convert at a ratio of 3.5-to-1 into the number of shares of Common Stock shown in column 3 above.
F3: Bessemer Venture Partners VII L.P. ("Bessemer VII") owns 1,280,000 shares. Bessemer Venture Partners VII Institutional L.P. ("Bessemer VII Institutional") owns 560,000 shares. BVP VII Special Opportunity Fund L.P. ("BVP VII," and together with Bessemer VII and Bessemer VII Institutional, the "Funds") owns 2,160,000 shares.
F4: Bessemer VII owns 800,000 shares. Bessemer VII Institutional owns 350,000 shares. BVP VII owns 1,350,000 shares.
F5: Bessemer VII owns 42,667 shares. Bessemer VII Institutional owns 18,667 shares. BVP VII owns 71,999 shares.
F6: Deer VII & Co. L.P. ("Deer VII") is the general partner of each of the Funds. Deer VII & Co. Ltd. ("Deer Ltd.") is the general partner of Deer VII. Deer Management Co. LLC ("Deer Management") is the management company affiliate of the Funds. The Funds, together with Deer VII, Deer Ltd. and Deer Management, are the "Bessemer Entities." Deer Management disclaims beneficial ownership of the Shares.
F7: Stephen Kraus, an employee of Deer Management, serves as the representative of the Bessemer Entities on the Issuer's board of directors.