Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Chiapponi Joseph
2. Date of Event Requiring Statement (Month/Day/Year)
04/18/2016
3. Issuer Name and Ticker or Trading Symbol
Verastem, Inc. [VSTM]
(Last)
(First)
(Middle)
C/O VERASTEM, INC., 117 KENDRICK ST.,, SUITE 500
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice President of Finance
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEEDHAM, MA 02494
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 6,502
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy)   (1) 01/15/2023 Common Stock 8,000 $ 9.85 D  
Stock Option (right to buy)   (2) 01/07/2024 Common Stock 40,000 $ 13.59 D  
Stock Option (right to buy)   (3) 01/08/2025 Common Stock 40,707 $ 9.19 D  
Stock Option (right to buy)   (4) 11/09/2025 Common Stock 56,950 $ 2.13 D  
Stock Option (right to buy)   (5) 01/01/2026 Common Stock 28,050 $ 1.86 D  
Stock Option (right to buy)   (6) 03/05/2023 Common Stock 5,000 $ 9.23 I By wife

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Chiapponi Joseph
C/O VERASTEM, INC., 117 KENDRICK ST.,
SUITE 500
NEEDHAM, MA 02494
      Vice President of Finance  

Signatures

/s/ Joseph Chiapponi 04/28/2016
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) 25% of these shares vested on January 15, 2014 and 6.25% vest at the end of each successive three-month period thereafter until January 15, 2017.
(2) 25% of these shares vested on January 7, 2015 and 6.25% vest on the last day of each calendar quarter after such date, through December 31, 2017.
(3) 25% of these shares vested on January 8, 2016 and 6.25% vest at the end of each successive three-month period thereafter until January 8, 2019.
(4) 50% of these shares will vest November 9, 2016 and 50% will vest on November 9, 2017.
(5) 50% of these shares will vest November 9, 2016 and 50% will vest on November 9, 2017.
(6) 25% of these shares vested on January 15, 2014 and then vest in approximately equal quarterly installments until January 15, 2017.
 
Remarks:
Exhibit List Exhibit 24 - Limited Power of Attorney

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