Arthur B. Laffer - Mar 25, 2024 Form 4 Insider Report for VerifyMe, Inc. (VRME)

Role
Director
Signature
/s/ Nancy Meyers, Attorney-in-Fact for Arthur B. Laffer
Stock symbol
VRME
Transactions as of
Mar 25, 2024
Transactions value $
$15,100
Form type
4
Date filed
3/26/2024, 04:29 PM
Previous filing
Mar 19, 2024
Next filing
Apr 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRME Common Stock, par value $0.001 Purchase $10K +7.39K +2.71% $1.36 280K Mar 25, 2024 Direct F1, F2
transaction VRME Common Stock, par value $0.001 Purchase $5.07K +3.7K +8.37% $1.37 47.9K Mar 25, 2024 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 Stock Option (Right to Buy) 3K Mar 25, 2024 Common Stock, par value $0.001 3K $4.03 Direct F4
holding VRME Stock Option (Right to Buy) 10K Mar 25, 2024 Common Stock, par value $0.001 10K $3.51 Direct F4
holding VRME Stock Option (Right to Buy) 10K Mar 25, 2024 Common Stock, par value $0.001 10K $3.51 Direct F4
holding VRME Warrant (Right to Buy) 31.1K Mar 25, 2024 Common Stock, par value $0.001 31.1K $3.22 By Jama Land, LLC F3
holding VRME Warrant (Right to Buy) 10.8K Mar 25, 2024 Common Stock, par value $0.001 10.8K $4.60 Direct
holding VRME Warrant (Right to Buy) 25.6K Mar 25, 2024 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 The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.3532 to $1.36. Mr. Laffer 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 Includes (i) 86,806 shares of restricted stock that vest on 6/7/2024 and (ii) 89,310 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 This option is fully exercisable as of the date of this report.