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

Role: Director
Signature: /s/ Margaret Gezerlis, Attorney-in-Fact for Adam Stedham
Stock symbol: VRME
Transactions as of: Dec 27, 2022
Transactions value $: $6,472
Form type: 4
Date filed: 12/29/2022, 03:31 PM
Previous filing: Dec 16, 2022
Next filing: Jan 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VRME	Common Stock, par value $0.001	Purchase	$4.07K	+3.73K	+31.12%	$1.09	15.7K	Dec 27, 2022	Direct
transaction	VRME	Common Stock, par value $0.001	Purchase	$2.4K	+2.27K	+14.41%	$1.06	18K	Dec 28, 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						28.6K	Dec 27, 2022	Common Stock, par value $0.001	28.6K	$0.00	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.