Howard Goldberg - Jun 7, 2023 Form 4 Insider Report for VerifyMe, Inc. (VRME)

Role
Director
Signature
/s/ Margaret Gezerlis, Attorney-in-Fact for Howard Goldberg
Stock symbol
VRME
Transactions as of
Jun 7, 2023
Transactions value $
$0
Form type
4
Date filed
6/8/2023, 04:40 PM
Previous filing
Mar 2, 2023
Next filing
Sep 19, 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 $0 +86.8K +43% $0.00 289K Jun 7, 2023 Direct F1, F2, 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 Jun 7, 2023 Common Stock, par value $0.001 7K $0.00 Direct F4
holding VRME Stock Option (Right to Buy) 5K Jun 7, 2023 Common Stock, par value $0.001 5K $5.30 Direct F5
holding VRME Stock Option (Right to Buy) 10K Jun 7, 2023 Common Stock, par value $0.001 10K $3.51 Direct F5
holding VRME Stock Option (Right to Buy) 10K Jun 7, 2023 Common Stock, par value $0.001 10K $3.51 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This restricted stock award was granted under the VerifyMe, Inc. 2020 Equity Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vests on 6/7/2024, subject to the Reporting Person's continuous service as a member of the board of directors.
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 Includes 86,806 shares of restricted stock.
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.