Filing Details

Accession Number:
0001104659-22-061934
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-17 16:05:59
Reporting Period:
2022-05-14
Accepted Time:
2022-05-17 16:05:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1526119 Verastem Inc. VSTM () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1504983 E. Robert Gagnon C/O Verastem, Inc.,
117 Kendrick St., Suite 500
Needham MA 02494
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-05-14 50,000 $0.00 607,880 No 4 A Direct
Common Stock Disposition 2022-05-16 16,627 $1.03 591,253 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Footnotes
  1. 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.
  2. 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.