Michelle Robertson - Nov 15, 2021 Form 4 Insider Report for Verastem, Inc. (VSTM)

Role: Director
Signature: /s/ Robert E. Gagnon, Attorney-in-Fact
Stock symbol: VSTM
Transactions as of: Nov 15, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/17/2021, 05:10 AM
Previous filing: Aug 10, 2021
Next filing: Dec 23, 2021

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	+63.5K		$0.00	63.5K	Nov 15, 2021	Common Stock	63.5K	$3.11	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 November, 2021 to October, 2022, provided that the Reporting Person continues to serve as a director of the Company on each such vesting date.

Content

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 November, 2021 to October, 2022, provided that the Reporting Person continues to serve as a director of the Company on each such vesting date.