4//SEC Filing
Forrester Robert 4
Accession 0000904454-18-000629
CIK 0001526119other
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 6:52 PM ET
Size
9.4 KB
Accession
0000904454-18-000629
Insider Transaction Report
Form 4
Verastem, Inc.VSTM
Forrester Robert
Chief Operating Officer
Transactions
- Purchase
Common Stock
2018-09-28$7.00/sh+2,000$14,000→ 221,234 total - Award
Stock Option (Right to Buy)
2018-09-24+60,000→ 60,000 totalExercise: $2.97From: 2018-09-24Exp: 2028-01-05→ Common Stock (60,000 underlying)
Holdings
- 5,000(indirect: By Trust)
Common Stock
- 5,000(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Shares held by The Claudia Forrester 2001 Trust, the beneficiary of which is Claudia Forrester, the Reporting Person's daughter. The Reporting Person is the trustee of the trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F2]Shares held by The Iona Forrester 2001 Trust, the beneficiary of which is Iona Forrester, the Reporting Person's daughter. The Reporting Person is the trustee of the trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F3]On January 5, 2018, the Reporting Person was granted an option to purchase 150,000 shares of common stock. The option vests based on the Issuer's satisfaction of certain performance milestones by June 30, 2018, by March 31, 2019, and within the first twenty-four (24) months after the achievement of certain net sales targets. 20% of the performance criteria was met on April 6, 2018, resulting in vesting of the option as to 30,000 shares. 40% of the performance criteria was met on September 24, 2018, resulting in vesting of the option as to 60,000 shares.
Documents
Issuer
Verastem, Inc.
CIK 0001526119
Entity typeother
Related Parties
1- filerCIK 0001319890
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 6:52 PM ET
- Size
- 9.4 KB