0001104659-24-034034.txt : 20240313 0001104659-24-034034.hdr.sgml : 20240313 20240313180737 ACCESSION NUMBER: 0001104659-24-034034 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240311 FILED AS OF DATE: 20240313 DATE AS OF CHANGE: 20240313 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kauffman Michael CENTRAL INDEX KEY: 0001364719 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35403 FILM NUMBER: 24747278 MAIL ADDRESS: STREET 1: C/O KARYOPHARM THERAPEUTICS INC. STREET 2: 85 WELLS AVENUE, SECOND FLOOR CITY: NEWTON STATE: MA ZIP: 02459 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Verastem, Inc. CENTRAL INDEX KEY: 0001526119 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] ORGANIZATION NAME: 03 Life Sciences IRS NUMBER: 273269467 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 117 KENDRICK STREET STREET 2: SUITE 500 CITY: NEEDHAM STATE: MA ZIP: 02494 BUSINESS PHONE: (781) 292-4200 MAIL ADDRESS: STREET 1: 117 KENDRICK STREET STREET 2: SUITE 500 CITY: NEEDHAM STATE: MA ZIP: 02494 4 1 tm248737-1_4seq1.xml OWNERSHIP DOCUMENT X0508 4 2024-03-11 0 0001526119 Verastem, Inc. VSTM 0001364719 Kauffman Michael C/O VERASTEM, INC., 117 KENDRICK ST., SUITE 500 NEEDHAM MA 02494 1 0 0 0 0 Stock Option (right to buy) 120.84 2024-03-11 4 D 0 2083 D 2024-06-10 Common Stock 2083 0 D Stock Option (right to buy) 95.88 2024-03-11 4 D 0 1497 D 2025-06-11 Common Stock 1497 0 D Stock Option (right to buy) 16.44 2024-03-11 4 D 0 2083 D 2026-06-13 Common Stock 2083 0 D Stock Option (right to buy) 25.08 2024-03-11 4 D 0 2083 D 2027-06-13 Common Stock 2083 0 D Stock Option (right to buy) 67.08 2024-03-11 4 D 0 2083 D 2028-06-11 Common Stock 2083 0 D Stock Option (right to buy) 21.72 2024-03-11 4 D 0 2083 D 2029-06-21 Common Stock 2083 0 D Stock Option (right to buy) 21.24 2024-03-11 4 D 0 2083 D 2030-06-16 Common Stock 2083 0 D Stock Option (right to buy) 49.92 2024-03-11 4 D 0 2083 D 2031-06-28 Common Stock 2083 0 D Stock Option (right to buy) 11.44 2024-03-11 4 A 0 16078 A 2034-03-11 Common Stock 16078 16078 D On March 11, 2024, the Issuer cancelled, pursuant to the Issuer's option exchange program, certain eligible unexercised options with an exercise price greater than $15.00 granted to the Reporting Person. In exchange, the Reporting Person received a grant of 16,078 stock options that will vest in two equal installments over a two-year period from March 11, 2024 (with the number of shares vesting on each vesting date will be rounded down to the nearest whole share, except with respect to the vesting dates on which all remaining unvested shares shall vest), provided the Reporting Person continues to serve as a director of or other service provider to the Issuer on each such vesting date. The canceled stock option was granted on June 10, 2014 and provided for vesting in twelve equal monthly installments from June 10, 2014 until June 10, 2015. The canceled stock option was granted on June 12, 2015 and provided for vesting in twelve monthly installments through June 12, 2016, with the first monthly installment vesting on July 12, 2015. The canceled stock option was granted on June 14, 2016 and provided for vesting in twelve monthly installments through June 14, 2017, with the first monthly installment vesting on July 14, 2016. The canceled stock option was granted on June 13, 2017 and provided for vesting in twelve monthly installments through June 13, 2018, with the first monthly installment vesting on July 13, 2017. The canceled stock option was granted on June 21, 2018 and provided for vesting in twelve equal monthly installments beginning on July 11, 2018 ending on June 11, 2019. The canceled stock option was granted on June 21, 2019 and provided for vesting in twelve equal monthly installments beginning on July 21, 2019 and ending on June 21, 2020. The canceled stock option was granted on June 16, 2020 and provided for vesting in twelve equal monthly installments beginning on June 30, 2020 and ending on May 31, 2021. The canceled stock option was granted on June 28, 2021 and provided for vesting in twelve equal month installments beginning on the on the last day of each month over a period from June 2021 to May 2022. /s/ Daniel Calkins, Attorney in Fact 2024-03-13