SEC Form 4 · accession 0001104659-17-058282
Verastem, Inc. · VSTM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Forrester
Officer — President, CEO and Director · Director
Period of report
Sep 19, 2017
Accepted (ET)
Sep 21, 2017 · 4:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001526119
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $1.37 | Sep 19, 2017 | A | 50,000 | A | Sep 19, 2017 | Jun 14, 2026 | Common Stock | 50,000 | 100,000 | D |
Explanation of responses
- F1On June 14, 2016, the Reporting Person was granted an option to purchase 100,000 shares of common stock. The option vests based on the Issuer's satisfaction of certain performance milestones by the end of June, 2017 and the end of June, 2018. 50% of the performance criteria was met on September 19, 2017, resulting in vesting of the option as to 50,000 shares.