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Verastem's Vice President of Finance just declared owning 6,502 shares of Verastem

Joseph Chiapponi, Verastem's Vice President of Finance, has just filed an initial statement of beneficial ownership where 6,502 shares of Verastem were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Chiapponi. Chiapponi operates out of Needham, MA. Some additional info was provided as follows:

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. 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. 25% of these shares vested on January 8, 2016 and 6.25% vest at the end of each successive three-month per iod thereafter until January 8, 2019. 50% of these shares will vest November 9, 2016 and 50% will vest on November 9, 2017. 50% of these shares will vest November 9, 2016 and 50% will vest on November 9, 2017. 25% of these shares vested on January 15, 2014 and then vest in approximately equal quarterly installments until January 15, 2017.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Verastem's Chief Medical Officer was just granted 370,000 options - April 19, 2016
Verastem's Chief Medical Officer just declared ownership of no shares of Verastem - April 19, 2016
Verastem Names Gregory I. Berk, Md As Chief Medical Officer - April 18, 2016
Statement of acquisition of beneficial ownership by individuals - April 11, 2016