| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | VRME | Common Stock, par value $0.001 | Award | $0 | +35K | +67.31% | $0.00 | 87K | Jun 5, 2024 | Direct | F1, F2 |
| holding | VRME | Common Stock, par value $0.001 | 438K | Jun 5, 2024 | By Marshall & Patricia Geller Living Trust | F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | VRME | Restricted Stock Units | 30K | Jun 5, 2024 | Common Stock, par value $0.001 | 30K | $0.00 | By Marshall & Patricia Geller Living Trust | F4 | |||||
| holding | VRME | Stock Option (Right to Buy) | 3K | Jun 5, 2024 | Common Stock, par value $0.001 | 3K | $5.30 | By Marshall & Patricia Geller Living Trust | F5 | |||||
| holding | VRME | Stock Option (Right to Buy) | 10K | Jun 5, 2024 | Common Stock, par value $0.001 | 10K | $3.51 | By Marshall & Patricia Geller Living Trust | F5 | |||||
| holding | VRME | Stock Option (Right to Buy) | 10K | Jun 5, 2024 | Common Stock, par value $0.001 | 10K | $3.51 | By Marshall & Patricia Geller Living Trust | F5 | |||||
| holding | VRME | Warrant (Right to Buy) | 7K | Jun 5, 2024 | Common Stock, par value $0.001 | 7K | $4.60 | By Marshall & Patricia Geller Living Trust | ||||||
| holding | VRME | Warrant (Right to Buy) | 31.1K | Jun 5, 2024 | Common Stock, par value $0.001 | 31.1K | $3.22 | By Marshall & Patricia Geller Living Trust | ||||||
| holding | VRME | Warrant (Right to Buy) | 31.9K | Jun 5, 2024 | Common Stock, par value $0.001 | 31.9K | $4.60 | By Marshall & Patricia Geller Living Trust | ||||||
| holding | VRME | 8% Convertible Promissory Note due 2026 | $175K | Jun 5, 2024 | Common Stock, par value $0.001 | 152K | $1.15 | By Marshall & Patricia Geller Living Trust |
| 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 6/5/2025, subject to the reporting person's continuous service as a member of the board of directors. |
| F2 | Includes 35,000 shares of restricted stock that vest on 6/5/2025. |
| F3 | Includes (i) 86,806 shares of restricted stock that vests on 6/7/2024 and (ii) 68,310 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. |
| F4 | These restricted stock units, which convert into common stock on a one-for-one basis, vest in two equal tranches, except as otherwise provided in the award notice. Tranche 1 will vest on 4/7/2024 if the issuer's common stock during such period was at or above $5.00 for 20 consecutive trading days. In the event that the issuer's common stock during such period does not reach $5.00 for 20 consecutive trading days, Tranche 1 will vest on 4/7/2025 if the issuer's common stock during such period was at or above $5.00 for 20 consecutive trading days. Tranche 2 will vest on 4/7/2024 if the issuer's common stock during such period was at or above $7.00 for 20 consecutive trading days. In the event that the issuer's common stock during such period does not reach $7.00 for 20 consecutive trading days, Tranche 2 will vest on 4/7/2025 if the issuer's common stock during such period was at or above $7.00 for 20 consecutive trading days. |
| F5 | This option is fully exercisable as of the date of this report. |