Robert E. Gagnon - 14 May 2022 Form 4 Insider Report for Verastem, Inc. (VSTM)

Role: Chief Financial Officer
Signature: /s/ Robert E. Gagnon
Issuer symbol: VSTM
Transactions as of: 14 May 2022
Net transactions value: -$17,126
Form type: 4
Filing time: 17 May 2022, 16:05:59 UTC
Previous filing: 23 Mar 2022
Next filing: 22 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VSTM	Common Stock	Award	$0	+50,000	+9%	$0.000000	607,880	14 May 2022	Direct	F1
transaction	VSTM	Common Stock	Sale	$17,126	-16,627	-2.7%	$1.03	591,253	16 May 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents performance-based restricted stock units ("PRSUs") granted to the Reporting Person on June 24, 2021 under the Issuer's 2021 Equity Incentive Plan. Each PRSU represents the right to receive one share of Common Stock. On May 14, 2022 the Compensation Committee of the Issuer's Board of Directors certified that the PRSUs' performance criteria had been satisfied and the PRSUs vested in full.
F2	The sale reported on this Form 4 represents shares sold by the Reporting Person to satisfy statutory withholding requirements in connection with the vesting of restricted stock units.

Content

Represents performance-based restricted stock units ("PRSUs") granted to the Reporting Person on June 24, 2021 under the Issuer's 2021 Equity Incentive Plan. Each PRSU represents the right to receive one share of Common Stock. On May 14, 2022 the Compensation Committee of the Issuer's Board of Directors certified that the PRSUs' performance criteria had been satisfied and the PRSUs vested in full.

The sale reported on this Form 4 represents shares sold by the Reporting Person to satisfy statutory withholding requirements in connection with the vesting of restricted stock units.