Verastem (VSTM) Form 3 Verastem / Steven H. Bloom ownership change

SEC Form 3

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
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Bloom Steven H.

(Last) (First) (Middle)

C/O VERASTEM, INC.,

117 KENDRICK ST., SUITE 500

(Street)

NEEDHAM MA 02494

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/08/2017

3. Issuer Name and Ticker or Trading Symbol
Verastem, Inc. [ VSTM ]

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

5. If Amendment, Date of Original Filed (Month/Day/Year)

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 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: 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)	03/04/2024	Common Stock	10,000	14.22	D
Stock Option (right to buy)	(2)	02/02/2025	Common Stock	70,000	7.22	D
Stock Option (right to buy)	(3)	11/09/2025	Common Stock	80,400	2.13	D
Stock Option (right to buy)	(4)	01/01/2026	Common Stock	39,600	1.86	D
Stock Option (right to buy)	(5)	06/14/2026	Common Stock	100,000	1.37	D
Stock Option (right to buy)	(6)	01/09/2027	Common Stock	150,000	1.2	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

	/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).
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