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Verastem, Inc. — Director's Dealing 2022
May 17, 2022
32713_dirs_2022-05-17_6fc51b98-edc9-435f-a8ff-56ef32a7cb48.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: 2022-05-14
Reporting Person: Gagnon Robert E. (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-14 | Common Stock | A | 50000 | $0.00 | Acquired | 607880 | Direct |
| 2022-05-16 | Common Stock | S | 16627 | $1.03 | Disposed | 591253 | Direct |
Footnotes
F1: Represents performance-based restricted stock units ("PRSUs") granted to the Reporting Person on June 24, 2021 under the Issuer's 2021 Equity Incentive Plan. Each PRSU represents the right to receive one share of Common Stock. On May 14, 2022 the Compensation Committee of the Issuer's Board of Directors certified that the PRSUs' performance criteria had been satisfied and the PRSUs vested in full.
F2: The sale reported on this Form 4 represents shares sold by the Reporting Person to satisfy statutory withholding requirements in connection with the vesting of restricted stock units.