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Verastem, Inc. — Director's Dealing 2019
Aug 1, 2019
32713_dirs_2019-07-31_6b4a2af9-a1cd-4e71-b0d5-36ae085d5548.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: 2019-07-29
Reporting Person: Stuglik Brian M (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-07-29 | Common Stock | A | 270000 | — | Acquired | 270000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-07-29 | Stock Option (Right to Buy) | $1.43 | A | 500000 | Acquired | 2029-07-29 | Common Stock (500000) | Direct |
Footnotes
F1: Represents restricted stock units granted to the Reporting Person under the Issuer's Amended and Restated 2012 Incentive Plan on July 29, 2019 (the "Grant Date"). Each restricted stock unit represents the contingent right to receive one share of Common Stock. The restricted stock units vest as to 33 1/3% of the shares on the first anniversary of the Grant Date and as to an additional 8.33% of the shares at the end of each successive three-month period following the first anniversary of the Grant Date until the third 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 such vesting date.
F2: The option vests as to (a) 33 1/3% of the shares on the first anniversary of the Grant Date and (b) as to an additional 8.33% of the shares at the end of each successive three-month period following the first anniversary of the Grant Date until the third 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 such vesting date.