Michelle Robertson - May 12, 2022 Form 4/A - Amendment Insider Report for Verastem, Inc. (VSTM)

Role
Director
Signature
/s/ Daniel Calkins, Attorney-in-Fact
Stock symbol
VSTM
Transactions as of
May 12, 2022
Transactions value $
$0
Form type
4/A - Amendment
Date filed
12/20/2022, 03:08 PM
Date Of Original Report
Jun 24, 2022
Previous filing
Mar 7, 2022
Next filing
Jun 6, 2022

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 May 12, 2022 Common Stock 62.5K $1.07 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 24, 2022 the Reporting Person filed a Form 4 reporting a stock option grant which incorrectly stated an exercise price of $1.11, a transaction date of June 22, 2022 and an expiration date of June 22, 2032. This amendment is being filed to reflect the corrected exercise price of $1.07, transaction date of May 12, 2022 and expiration date of May 12, 2032.
F2 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 Issuer on each such vesting date.

Remarks:

Exhibit List Exhibit 24 - Power of Attorney