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Verastem, Inc. — Director's Dealing 2024
Mar 13, 2024
32713_dirs_2024-03-13_dccfdad6-225f-48aa-99b7-6972d5598fe5.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: 2024-03-11
Reporting Person: Rowinsky Eric K (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-11 | Stock Option (right to buy) | $25.08 | D | 4166 | Disposed | 2027-06-13 | Common Stock (4166) | Direct |
| 2024-03-11 | Stock Option (right to buy) | $67.08 | D | 2157 | Disposed | 2028-06-11 | Common Stock (2157) | Direct |
| 2024-03-11 | Stock Option (right to buy) | $21.72 | D | 2083 | Disposed | 2029-06-21 | Common Stock (2083) | Direct |
| 2024-03-11 | Stock Option (right to buy) | $21.24 | D | 2083 | Disposed | 2030-06-16 | Common Stock (2083) | Direct |
| 2024-03-11 | Stock Option (right to buy) | $49.92 | D | 2083 | Disposed | 2031-06-28 | Common Stock (2083) | Direct |
| 2024-03-11 | Stock Option (right to buy) | $11.44 | A | 12572 | Acquired | 2034-03-11 | Common Stock (12572) | Direct |
Footnotes
F1: On March 11, 2024, the Issuer cancelled, pursuant to the Issuer's option exchange program, certain eligible unexercised options with an exercise price greater than $15.00 granted to the Reporting Person. In exchange, the Reporting Person received a grant of 12,572 stock options that will vest in two equal installments over a two-year period from March 11, 2024 (with the number of shares vesting on each vesting date will be rounded down to the nearest whole share, except with respect to the vesting dates on which all remaining unvested shares shall vest), provided the Reporting Person continues to serve as a director of or other service provider to the Issuer on each such vesting date.
F2: The canceled stock option was granted on June 13, 2017 and provided for vesting in twelve monthly installments through June 13, 2018, with the first monthly installment vesting on July 13, 2017.
F3: The canceled stock option was granted on June 21, 2018 and provided for vesting in twelve equal monthly installments beginning on July 11, 2018 ending on June 11, 2019.
F4: The canceled stock option was granted on June 21, 2019 and provided for vesting in twelve equal monthly installments beginning on July 21, 2019 and ending on June 21, 2020.
F5: The canceled stock option was granted on June 16, 2020 and provided for vesting in twelve equal monthly installments beginning on June 30, 2020 and ending on May 31, 2021.
F6: The canceled stock option was granted on June 28, 2021 and provided for vesting in twelve equal month installments beginning on the on the last day of each month over a period from June 2021 to May 2022.