AI assistant
Verastem, Inc. — Director's Dealing 2019
Dec 18, 2019
32713_dirs_2019-12-17_f5703bb0-b8b1-4be9-a4c1-41e71e44af38.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Verastem, Inc. (VSTM)
CIK: 0001526119
Period of Report: 2019-12-13
Reporting Person: Paterson Dan (President and COO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-12-13 | Stock Option (Right to Buy) | $1.34 | A | 150000 | Acquired | 2029-12-13 | Common Stock (150000) | Direct |
| 2019-12-13 | Stock Option (Right to Buy) | $1.34 | A | 200000 | Acquired | 2029-12-13 | Common Stock (200000) | Direct |
Footnotes
F1: The option vests as to 25% of the shares on the first anniversary of December 13, 2019 (the "Grant Date") and as to an additional 6.25% of the shares at the end of each successive three-month period following the first anniversary of the Grant Date until the fourth anniversary of the Grant Date (with the number of shares vesting on each vesting date rounded down to the nearest whole share, except with respect to the final vesting date on which all remaining unvested shares shall vest), provided that the Reporting Person continues to serve as an employee of or other service provider to the Issuer on each such vesting date.
F2: The option vests as to 50% of the shares on the first anniversary of Grant Date and as to an additional 12.5% of the shares at the end of each successive three-month period following the first anniversary of the Grant Date, provided that the Reporting Person continues to serve as an employee of or other service provider to the Issuer on each such vesting date.