Adam H. Stedham - 27 Dec 2022 Form 4 Insider Report for VerifyMe, Inc. (VRME)

Role: Director
Signature: /s/ Margaret Gezerlis, Attorney-in-Fact for Adam Stedham
Issuer symbol: VRME
Transactions as of: 27 Dec 2022
Net transactions value: +$6,472
Form type: 4
Filing time: 29 Dec 2022, 15:31:30 UTC
Previous filing: 16 Dec 2022
Next filing: 03 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VRME	Common Stock, par value $0.001	Purchase	$4,069	+3,733	+31%	$1.09	15,728	27 Dec 2022	Direct
transaction	VRME	Common Stock, par value $0.001	Purchase	$2,403	+2,267	+14%	$1.06	17,995	28 Dec 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	VRME	Restricted Stock Units						28,592	27 Dec 2022	Common Stock, par value $0.001	28,592	$0.000000	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.05 to $1.09. Mr. Stedham undertakes to provide VerifyMe, Inc., any security holder of VerifyMe, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2	These restricted stock units, which convert into common stock on a one-for-one basis, vest on 1/1/2023, except as otherwise provided in the award notice, subject to continuous service as a member of the board of directors, and become payable upon separation of the Reporting Person's service as a director.

Content

The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.05 to $1.09. Mr. Stedham undertakes to provide VerifyMe, Inc., any security holder of VerifyMe, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

These restricted stock units, which convert into common stock on a one-for-one basis, vest on 1/1/2023, except as otherwise provided in the award notice, subject to continuous service as a member of the board of directors, and become payable upon separation of the Reporting Person's service as a director.