Eric K. Rowinsky - 18 Jun 2024 Form 4 Insider Report for Verastem, Inc. (VSTM)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
20 Jun 2024, 20:32:52 UTC
Prior SEC filing
13 Mar 2024
Next SEC filing
25 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Daniel Calkins, Attorney in Fact

Key filing fact

Eric K. Rowinsky filed Form 4 for Verastem, Inc. (VSTM) on 20 Jun 2024.

Key facts

  • This page summarizes Eric K. Rowinsky's Form 4 filing for Verastem, Inc. (VSTM).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 20 Jun 2024, 20:32.

Change

  • Previous filing in this sequence was filed on 13 Mar 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VSTM transaction

Common Stock

Award

Transaction value
$0
Shares
+8,333
Change %
Price
$0.000000
Shares after
8,333
Date
18 Jun 2024
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VSTM transaction Derivative

Stock Option (right to buy)

Award

Transaction value
$0
Shares
+12,500
Change %
Price
$0.000000
Shares after
12,500
Date
18 Jun 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,500
Exercise price
$3.27
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote 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 in twelve equal 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). The first eleven installments shall vest beginning on the last day of each month over a period from June, 2024 to April, 2025 and the last installment shall vest on the earlier of (i) the day before the 2025 Annual Meeting of Stockholders is held or (ii) May 31, 2025, provided that the Reporting Person continues to serve as a director of the Issuer on each such vesting date.

Footnote F2

The stock option vests in twelve equal 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). The first eleven installments shall vest beginning on the last day of each month over a period from June, 2024 to April, 2025 and the last installment shall vest on the earlier of (i) the day before the 2025 Annual Meeting of Stockholders is held or (ii) May 31, 2025, provided that the Reporting Person continues to serve as a director of the Issuer on each such vesting date.

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