Form 4 for VSTM Verastem, Inc.
Accepted 2022-05-17 00:00:00 ET · period of report 2022-05-14 · accession 0001104659-22-061934 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-05-17 | 2022-05-16 | VSTM | Gagnon Robert E. | CFO | S - Sale | $1.03 | -16.6K | 591.3K | -3% | -$17.1K | |
| 2022-05-17 | 2022-05-14 | VSTM | Gagnon Robert E. | CFO | A - Grant | $0.00 | +50.0K | 607.9K | +9% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-05-16 | S | D | 16,627 | $1.03 | 591,253 | D | — | — | (F2) 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. |
| 2 | Common | Common Stock | 2022-05-14 | A | A | 50,000 | $0.00 | 607,880 | D | — | — | (F1) 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. |