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Verastem, Inc. — Director's Dealing 2017
Nov 17, 2017
32713_dirs_2017-11-17_578149b5-ca2d-4784-86af-5b14ad7f7a57.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: 2017-11-08
Reporting Person: Bloom Steven H. (Chief Strategy Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 500 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $14.22 | 2024-03-04 | Common Stock (10000) | Direct | |
| Stock Option (right to buy) | $7.22 | 2025-02-02 | Common Stock (70000) | Direct | |
| Stock Option (right to buy) | $2.13 | 2025-11-09 | Common Stock (80400) | Direct | |
| Stock Option (right to buy) | $1.86 | 2026-01-01 | Common Stock (39600) | Direct | |
| Stock Option (right to buy) | $1.37 | 2026-06-14 | Common Stock (100000) | Direct | |
| Stock Option (right to buy) | $1.20 | 2027-01-09 | Common Stock (150000) | Direct |
Footnotes
F1: 25% of this option vested on March 4, 2015 and 6.25% of this option vests at the end of each successive three-month period thereafter until March 4, 2018.
F2: 25% of this option vested on January 5, 2016 and 6.25% of this option vests at the end of each successive three-month period thereafter until January 5, 2019.
F3: 50% of this option vested on November 9, 2016 and 50% of this option vested on November 9, 2017.
F4: 50% of this option vested on November 9, 2016 and 50% of this option vested on November 9, 2017.
F5: On June 14, 2016, the Reporting Person was granted an option to purchase 100,000 shares of common stock. The option vests based on the Issuer's satisfaction of certain performance milestones by the end of June, 2017 and the end of June, 2018. 50% of the performance criteria was met on October 29, 2016, resulting in vesting of the option as to 50,000 shares and 50% of the performance criteria was met on September 19, 2017, resulting in the vesting of the option as to 50,000 shares.
F6: 25% of this option will vest on January 9, 2018 and 6.25% of this option will vest at the end of each successive three-month period thereafter until January 9, 2021.