0001104659-21-151111.txt : 20211217 0001104659-21-151111.hdr.sgml : 20211217 20211217160136 ACCESSION NUMBER: 0001104659-21-151111 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211101 FILED AS OF DATE: 20211217 DATE AS OF CHANGE: 20211217 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stuglik Brian M CENTRAL INDEX KEY: 0001716328 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35403 FILM NUMBER: 211501433 MAIL ADDRESS: STREET 1: C/O VERASTEM, INC. STREET 2: 117 CITY: NEEDHAM STATE: MA ZIP: 02494 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Verastem, Inc. CENTRAL INDEX KEY: 0001526119 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] 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 tm2135712-1_4seq1.xml OWNERSHIP DOCUMENT X0306 4 2021-11-01 0 0001526119 Verastem, Inc. VSTM 0001716328 Stuglik Brian M C/O VERASTEM, INC., 117 KENDRICK ST., SUITE 500 NEEDHAM MA 02494 1 1 0 0 Chief Executive Officer Common Stock 2021-11-01 4 F 0 5839 2.59 D 819381 D Common Stock 2021-12-15 4 A 0 363000 0 A 1182381 D Stock Option (Right to Buy) 2.36 2021-12-15 4 A 0 737000 0 A 2031-12-15 Common Stock 737000 737000 D The total reflects the disposition of 5,839 shares sold by the Issuer to satisfy statutory withholding requirements upon vesting of restricted stock units, the cancellation of 191,828 restricted stock units granted to the Reporting Person in December 2020 and additional reductions of 95,665 shares previously retired and 73,472 shares previously sold, in each case by the Issuer, to satisfy statutory withholding requirements upon vesting of restricted stock units. Represents restricted stock units ("RSUs") granted to the Reporting Person under the Issuer's 2021 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of Common Stock. The RSUs vest as to 25% of the RSUs on the first anniversary of December 15, 2021 (the "RSU Grant Date") and as to an additional 6.25% of the RSUs at the end of each successive three-month period following the first anniversary of the RSU Grant Date until the fourth anniversary of the RSU Grant Date (with the number of RSUs vesting on each vesting date rounded down to the nearest whole RSU, except with respect to the final vesting date on which all remaining unvested RSUs shall vest), provided that the Reporting Person continues to serve as an employee of or other service provider to the Issuer on each such vesting date. The option vests as to 25% of the shares on the first anniversary of December 15, 2021 (the "Option Grant Date") and as to an additional 6.25% of the shares at the end of each successive three-month period following the first anniversary of the Option Grant Date until the fourth anniversary of the Option Grant Date (with the number of shares vesting on each vesting date rounded down to the nearest whole share, except with respect to the final vesting date on which all remaining unvested shares shall vest), provided that the Reporting Person continues to serve as an employee of or other service provider to the Issuer on each such vesting date. /s/ Robert E. Gagnon, Attorney-in-Fact 2021-12-17