Michael Kauffman - Jun 22, 2022 Form 4 Insider Report for Verastem, Inc. (VSTM)

Role
Director
Signature
/s/ Robert E. Gagnon, Attorney-in-Fact
Stock symbol
VSTM
Transactions as of
Jun 22, 2022
Transactions value $
$0
Form type
4
Date filed
6/24/2022, 04:10 PM
Previous filing
Jun 17, 2022
Next filing
May 16, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VSTM Stock Option (right to buy) Award $0 +62.5K $0.00 62.5K Jun 22, 2022 Common Stock 62.5K $1.11 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option vests in twelve equal month 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) beginning on the on the last day of each month over a period from June, 2022 to May, 2023, provided that the Reporting Person continues to serve as a director of the Company on each such vesting date.