Home/Filings/4/0001104659-24-073605
4//SEC Filing

Gagnon Robert E. 4

Accession 0001104659-24-073605

CIK 0001526119other

Filed

Jun 19, 8:00 PM ET

Accepted

Jun 20, 8:29 PM ET

Size

11.5 KB

Accession

0001104659-24-073605

Insider Transaction Report

Form 4
Period: 2024-06-17
Transactions
  • Sale

    Common Stock

    2024-06-20$3.21/sh131$42135,310 total
  • Award

    Stock Option (right to buy)

    2024-06-18+12,50012,500 total
    Exercise: $3.27Exp: 2034-06-18Common Stock (12,500 underlying)
  • Sale

    Common Stock

    2024-06-17$3.49/sh283$98827,108 total
  • Award

    Common Stock

    2024-06-18+8,33335,441 total
Footnotes (3)
  • [F1]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 ("RSUs").
  • [F2]RSUs granted to the Reporting Person under the Issuer's Amended and Restated 2021 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of Common Stock. The RSUs vest in twelve equal installments (rounded down to the nearest whole share on each vesting date except with respect to the final vesting date on which the remaining unvested portion shall vest). The first eleven installments shall vest beginning on the last day of each month over a period from June, 2024 to April, 2025 and the last installment shall vest on the earlier of (i) the day before the 2025 Annual Meeting of Stockholders is held or (ii) May 31, 2025, provided that the Reporting Person continues to serve as a director of the Issuer on each such vesting date.
  • [F3]The stock option vests in twelve equal installments (rounded down to the nearest whole share on each vesting date except with respect to the final vesting date on which the remaining unvested portion shall vest). The first eleven installments shall vest beginning on the last day of each month over a period from June, 2024 to April, 2025 and the last installment shall vest on the earlier of (i) the day before the 2025 Annual Meeting of Stockholders is held or (ii) May 31, 2025, provided that the Reporting Person continues to serve as a director of the Issuer on each such vesting date.

Issuer

Verastem, Inc.

CIK 0001526119

Entity typeother

Related Parties

1
  • filerCIK 0001504983

Filing Metadata

Form type
4
Filed
Jun 19, 8:00 PM ET
Accepted
Jun 20, 8:29 PM ET
Size
11.5 KB