Verastem director granted 36,000 RSUs
ROBERTSON MICHELLE reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
ROBERTSON MICHELLE reported acquisition or exercise transactions in this Form 4 filing.
Verastem, Inc. director Michelle Robertson received a grant of 36,000 restricted stock units (RSUs) of Common Stock as equity compensation. The award was granted at no cash cost per share and is structured to vest over time rather than all at once.
The RSUs were granted under Verastem's Amended and Restated 2021 Equity Incentive Plan, with each RSU representing the right to receive one share of Common Stock. The units vest in twelve substantially equal monthly installments from the end of June 2026 through April 2027, with the final installment vesting on the earlier of the day before the 2027 Annual Meeting of Stockholders or May 31, 2027, subject to her continued board service. After this grant, Robertson directly holds 52,666 shares of Verastem common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 36,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. RSUs granted to the Reporting Person under the Issuer's Amended and Restated 2021 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of Common Stock. The RSUs vest in twelve substantially equal installments (rounded down to the nearest whole share on each vesting date except with respect to the final vesting date on which the remaining unvested portion shall vest). The first eleven installments shall vest beginning on the last day of each month over a period from June, 2026 to April, 2027 and the last installment shall vest on the earlier of (i) the day before the 2027 Annual Meeting of Stockholders is held or (ii) May 31, 2027, provided that the Reporting Person continues to serve as a director of the Issuer on each such vesting date.
Key Figures
Key Terms
RSUs financial
Amended and Restated 2021 Equity Incentive Plan financial
contingent right financial
Annual Meeting of Stockholders financial
FAQ
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What did Verastem (VSTM) director Michelle Robertson report on this Form 4?
What are the vesting terms of Michelle Robertson’s 36,000 Verastem (VSTM) RSUs?
Under which plan were Michelle Robertson’s Verastem (VSTM) RSUs granted?
Does Michelle Robertson pay cash for the 36,000 Verastem (VSTM) RSUs reported?
AI-generated analysis. How Rhea-AI works. Not financial advice.