In 2023, Daniel Paterson earned $3.12M in total compensation at Verastem, including $600.00K salary, $206.69K bonus and $2.29M in stock. Most recently sold 368 shares in Sep 2024. Currently holds stock worth $4.36M. 2+ years at the helm of Verastem.
Compensation History
Annual executive compensation data for Daniel Paterson, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$3.12M
Salary
$600.00K
Bonus
$206.69K
Other
$22.79K
Salary
$600.00KBoard Justification
The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, focusing on attracting and retaining talented executives to drive long-term value creation.
Bonus
$206.69KBoard Justification
The bonus amount earned for 2023 for Mr. Paterson was paid in 2024, based on company performance metrics and individual performance.
Other Compensation
$22.79KBoard Justification
Includes 401(k) plan employer contributions, health savings account contributions, and life insurance premiums paid by the Company.
Restricted Stock
Board Justification
The stock options granted to Mr. Paterson in 2023 are time-based and vest as to 25% of the shares underlying the award on the first anniversary of the grant date, with the remainder vesting in equal quarterly installments over the next three years.
Performance Metrics
Company performance metrics included clinical development goals, business development goals, investor goals, and employee retention goals.
Daniel Paterson
CEO of Verastem
Education
N/A
Field of Expertise
Business & Management
Sector of Economy
Healthcare
Born
January 1, 1961 - 64 years ago
CEO of Verastem for
2 years 4 months (Jul 2023 - Present)
Previous Experience
Chief Operating Officer of the Company
Other Verastem CEOs
Holdings
Track Daniel Paterson's stock holdings and portfolio value over time.
Total Stock Sold
$126.38K
$126.38K
12,229 VSTM shares
What if they kept their stock?
If Daniel Paterson didn't sell their stock, today they would have:
Extra VSTM12,229 shares worth $126.69K.
This is 0.25% and $312.89 more than what they got when they sold the stock.
Insider Trading
Daniel Paterson's recent stock transactions, purchases, and sales filed with the SEC.
$1.03K
VSTM at $2.79/share
Sep 19, 2024
Sale
$1.38K
VSTM at $2.80/share
Sep 16, 2024
Sale
$7.01K
VSTM at $2.16/share
Aug 5, 2024
Sale
$1.43K
VSTM at $3.35/share
Jun 17, 2024
Sale
150,000 shares
VSTM
Jun 17, 2024
Received
$4.49K
VSTM at $10.55/share
Mar 18, 2024
Sale
$3.28K
VSTM at $7.69/share
Dec 18, 2023
Sale
$4.18K
VSTM at $9.88/share
Sep 18, 2023
Sale
50,000 shares
VSTM
Aug 2, 2023
Received
$4.32K
VSTM at $10.11/share
Jun 16, 2023
Sale
Rivals
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