Arthur B. Laffer - Feb 28, 2023 Form 4 Insider Report for VerifyMe, Inc. (VRME)

Role
Director
Signature
/s/ Margaret Gezerlis, Attorney-in-Fact for Arthur B. Laffer
Stock symbol
VRME
Transactions as of
Feb 28, 2023
Transactions value $
$9,520
Form type
4
Date filed
3/2/2023, 03:35 PM
Previous filing
Feb 23, 2023
Next filing
Mar 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRME Common Stock, par value $0.001 Award $9.52K +8K +5.17% $1.19 163K Feb 28, 2023 Direct F1, F2
holding VRME Common Stock, par value $0.001 44.2K Feb 28, 2023 By Jama Land, LLC F3

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 7K Feb 28, 2023 Common Stock, par value $0.001 7K $0.00 Direct F4
holding VRME Stock Option (Right to Buy) 3K Feb 28, 2023 Common Stock, par value $0.001 3K $4.03 Direct F5
holding VRME Stock Option (Right to Buy) 10K Feb 28, 2023 Common Stock, par value $0.001 10K $3.51 Direct F5
holding VRME Stock Option (Right to Buy) 10K Feb 28, 2023 Common Stock, par value $0.001 10K $3.51 Direct F5
holding VRME Warrant (Right to Buy) 31.1K Feb 28, 2023 Common Stock, par value $0.001 31.1K $3.22 By Jama Land, LLC F3
holding VRME Warrant (Right to Buy) 10.8K Feb 28, 2023 Common Stock, par value $0.001 10.8K $4.60 Direct
holding VRME Warrant (Right to Buy) 25.6K Feb 28, 2023 Common Stock, par value $0.001 25.6K $4.60 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired under the VerifyMe, Inc. 2021 Stock Purchase Plan in a transaction exempt under Rule 16b-3(d).
F2 Includes 82,310 vested restricted stock units that become payable, on a one-for-one basis, in shares of common stock of VerifyMe, Inc. upon separation of the Reporting Person's service as a director.
F3 Mr. Laffer is a Managing Member of Jama Land, LLC.
F4 These restricted stock units, which convert into common stock on a one-for-one basis, vested one-third on each of 9/17/2021 and 9/17/2022 and, except as otherwise provided in the award notice, vest one-third on 9/17/2023, 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.
F5 This option is fully exercisable as of the date of this report.