Form 4 for VSTM Verastem, Inc.
Accepted 2024-06-20 00:00:00 ET · period of report 2024-06-17 · accession 0001104659-24-073605 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-06-20 | 2024-06-17+ | VSTM | Gagnon Robert E. | Dir | S - Sale | $3.40 | -414 | 35.3K | -1% | -$1,408 |
| D | 2024-06-20 | 2024-06-18 | VSTM | Gagnon Robert E. | Dir | A - Grant | $0.00 | +8,333 | 35.4K | +31% | $0 |
| D | 2024-06-20 | 2024-06-18 | VSTM | Gagnon Robert E. | Dir | A - Grant | $0.00 | +12.5K | 12.5K | New | $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 | 2024-06-17 | S | D | 283 | $3.49 | 27,108 | D | — | — | (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"). |
| 2 | Common | Common Stock | 2024-06-18 | A | A | 8,333 | $0.00 | 35,441 | D | — | — | (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. |
| 3 | Common | Common Stock | 2024-06-20 | S | D | 131 | $3.21 | 35,310 | D | — | — | (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"). |
| 4 | Derivative | Stock Option (right to buy) | 2024-06-18 | A | A | 12,500 | $0.00 | 12,500 | D | $3.27 · — to 2034-06-18 | 12,500 Common Stock | (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. |