UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
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) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option (right to buy) | Â (1) | 01/15/2023 | Common Stock | 8,000 | $ 9.85 | D | Â |
Stock Option (right to buy) | Â (2) | 01/07/2024 | Common Stock | 40,000 | $ 13.59 | D | Â |
Stock Option (right to buy) | Â (3) | 01/08/2025 | Common Stock | 40,707 | $ 9.19 | D | Â |
Stock Option (right to buy) | Â (4) | 11/09/2025 | Common Stock | 56,950 | $ 2.13 | D | Â |
Stock Option (right to buy) | Â (5) | 01/01/2026 | Common Stock | 28,050 | $ 1.86 | D | Â |
Stock Option (right to buy) | Â (6) | 03/05/2023 | Common Stock | 5,000 | $ 9.23 | I | By wife |
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 |  |
/s/ Joseph Chiapponi | 04/28/2016 | |
**Signature of Reporting Person | Date |
* | 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 |