Form 4 for VSTM Verastem, Inc.
Accepted 2024-06-20 00:00:00 ET · period of report 2024-06-18 · accession 0001104659-24-073607 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-06-20 | 2024-06-18 | VSTM | Calkins Daniel | CFO | A - Grant | $0.00 | +38.9K | 47.4K | +455% | $0 | |
| 2024-06-20 | 2024-06-20 | VSTM | Calkins Daniel | CFO | S - Sale | $3.16 | -67 | 47.3K | -0.1% | -$211.72 |
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 | 2024-06-18 | A | A | 38,850 | $0.00 | 47,385 | D | — | — | (F1) Restricted stock units ("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 as to 33.3% of the RSUs on the first three anniversaries of June 18, 2024 (the "RSU Grant Date") such that the award is fully vested on June 18, 2027 (with the number of RSUs vesting on each vesting date rounded down to the nearest whole RSU, except with respect to the final vesting date on which all remaining unvested RSUs shall vest), provided that the Reporting Person continues to serve as an employee of or other service provider to the Issuer on each such vesting date. |
| 2 | Common | Common Stock | 2024-06-20 | S | D | 67 | $3.16 | 47,318 | 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 RSUs. |