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Verastem, Inc. — Director's Dealing 2018
Oct 3, 2018
32713_dirs_2018-10-02_ab85203a-6c35-40bf-818d-4290cd92a0dd.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Verastem, Inc. (VSTM)
CIK: 0001526119
Period of Report: 2018-09-24
Reporting Person: Bloom Steven H. (Chief Strategy Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-09-24 | Stock Option (Right to Buy) | $2.97 | A | 28000 | Acquired | 2028-01-05 | Common Stock (28000) | Direct |
Footnotes
F1: On January 5, 2018, the Reporting Person was granted an option to purchase 70,000 shares of common stock. The option vests based on the Issuer's satisfaction of certain performance milestones by June 30, 2018, by March 31, 2019, and within the first twenty-four (24) months after the achievement of certain net sales targets. 20% of the performance criteria was met on April 6, 2018, resulting in vesting of the option as to 14,000 shares. 40% of the performance criteria was met on September 24, 2018, resulting in vesting of the option as to 28,000 shares.