In 2019, Robert Forrester earned $615.64K in total compensation at Verastem, primarily from $309.81K salary. Most recently acquired 2,000 shares in Sep 2018. Currently holds stock worth $2.39M. Has donated $15.54K in stock to charitable causes. Led Verastem as CEO for 5 years.
Compensation History
Annual executive compensation data for Robert Forrester, including salary, bonuses, and stock awards.
Year
2019
Total Compensation
$615.64K
Salary
$309.81K
Bonus
$0.00
Other
$305.83K
Salary
$309.81KBoard Justification
The compensation philosophy aligns with company performance and aims to retain key executives while providing competitive compensation packages.
Bonus
$0.00Board Justification
Mr. Forrester did not receive a bonus for 2019 as his employment ended in June 2019.
Other Compensation
$305.83KBoard Justification
This includes severance payments and consulting fees paid to Mr. Forrester after his termination.
Restricted Stock
Board Justification
No stock awards were vested in 2019 as the amounts were not disclosed in the proxy statement.
Performance Metrics
Performance metrics included net product revenue targets and clinical development goals.
Robert Forrester
Ex-CEO of Verastem
Education
N/A
Field of Expertise
Business & Management
Sector of Economy
Healthcare
Born
January 1, 1964 - 61 years ago
CEO of Verastem for
5 years 11 months (Jul 2013 - Jun 2019)
Previous Experience
President and Chief Operating Officer of the Company
Holdings
Track Robert Forrester's stock holdings and portfolio value over time.
Charitable Transactions
1,500 shares
VSTM
Recent Charitable Transactions
8,000 shares
VSTM
Dec 31, 2018
Charity
10,000 shares
VSTM
Dec 31, 2017
Charity
Insider Trading
Robert Forrester's recent stock transactions, purchases, and sales filed with the SEC.
$14.00K
VSTM at $7.00/share
Sep 24, 2018
Purchase
$73.50K
VSTM at $7.00/share
Sep 27, 2018
Purchase
8,000 shares
VSTM
Dec 31, 2018
Charity
8,000 shares
VSTM
Dec 31, 2018
Charity
10,000 shares
VSTM
Dec 31, 2017
Charity
10,000 shares
VSTM
Dec 31, 2017
Charity
$14.21K
VSTM at $7.11/share
Jun 29, 2015
Purchase
$7.97K
VSTM at $7.97/share
Jun 17, 2015
Purchase
$8.66K
VSTM at $8.66/share
Dec 19, 2014
Purchase
$7.62K
VSTM at $7.62/share
May 13, 2014
Purchase
Rivals
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