Michael Kauffman - Jun 22, 2022 Form 4 Insider Report for Verastem, Inc. (VSTM)

Role: Director
Signature: /s/ Robert E. Gagnon, Attorney-in-Fact
Stock symbol: VSTM
Transactions as of: Jun 22, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/24/2022, 04:10 PM
Previous filing: Jun 17, 2022
Next filing: May 16, 2023

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	+62.5K		$0.00	62.5K	Jun 22, 2022	Common Stock	62.5K	$1.11	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 June, 2022 to May, 2023, 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 June, 2022 to May, 2023, provided that the Reporting Person continues to serve as a director of the Company on each such vesting date.