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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Bloom Steven H.

2. Date of Event Requiring Statement (MM/DD/YYYY)
11/8/2017 

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)
Chief Strategy Officer /

(Street)

NEEDHAM, MA 02494       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


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   500   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
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) 3/4/2024   Common Stock   10000   $14.22   D    
Stock Option (right to buy)     (2) 2/2/2025   Common Stock   70000   $7.22   D    
Stock Option (right to buy)     (3) 11/9/2025   Common Stock   80400   $2.13   D    
Stock Option (right to buy)     (4) 1/1/2026   Common Stock   39600   $1.86   D    
Stock Option (right to buy)     (5) 6/14/2026   Common Stock   100000   $1.37   D    
Stock Option (right to buy)     (6) 1/9/2027   Common Stock   150000   $1.20   D    

Explanation of Responses:
(1)  25% of this option vested on March 4, 2015 and 6.25% of this option vests at the end of each successive three-month period thereafter until March 4, 2018.
(2)  25% of this option vested on January 5, 2016 and 6.25% of this option vests at the end of each successive three-month period thereafter until January 5, 2019.
(3)  50% of this option vested on November 9, 2016 and 50% of this option vested on November 9, 2017.
(4)  50% of this option vested on November 9, 2016 and 50% of this option vested on November 9, 2017.
(5)  On June 14, 2016, the Reporting Person was granted an option to purchase 100,000 shares of common stock. The option vests based on the Issuer's satisfaction of certain performance milestones by the end of June, 2017 and the end of June, 2018. 50% of the performance criteria was met on October 29, 2016, resulting in vesting of the option as to 50,000 shares and 50% of the performance criteria was met on September 19, 2017, resulting in the vesting of the option as to 50,000 shares.
(6)  25% of this option will vest on January 9, 2018 and 6.25% of this option will vest at the end of each successive three-month period thereafter until January 9, 2021.

Remarks:
Exhibit List Exhibit 24 - Limited Power of Attorney

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Bloom Steven H.
C/O VERASTEM, INC.,
117 KENDRICK ST., SUITE 500
NEEDHAM, MA 02494


Chief Strategy Officer

Signatures
/s/ Steven H. Bloom 11/17/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.
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