| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | VRME | Common Stock, par value $0.001 per share | 42.4K | Jun 30, 2024 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | VRME | Restricted Stock Units | Award | $0 | +75K | $0.00 | 75K | Jun 30, 2024 | Common Stock, par value $0.001 per share | 75K | $0.00 | Direct | F1, F2 | |
| transaction | VRME | Restricted Stock Units | Award | $0 | +6.25K | $0.00 | 6.25K | Jul 1, 2024 | Common Stock, par value $0.001 per share | 6.25K | $0.00 | Direct | F1, F3 | |
| holding | VRME | Restricted Stock Units | 26.7K | Jun 30, 2024 | Common Stock, par value $0.001 per share | 26.7K | $0.00 | Direct | F1, F4 | |||||
| holding | VRME | Restricted Stock Units | 62.7K | Jun 30, 2024 | Common Stock, par value $0.001 per share | 62.7K | $0.00 | Direct | F1, F5 |
| Id | Content |
|---|---|
| F1 | These restricted stock units (RSUs) convert into common stock on a one-for-one basis. |
| F2 | These RSUs were granted under the VerifyMe, Inc. 2020 Equity Incentive Plan in a transaction exempt under Rule 16b-3 and vest in three tranches. Tranche 1 will vest 20,000 shares of common stock after the Reporting Person's continued employment on or after June 18, 2025 if the price of the Company's common stock increases to $2.21 per share and trades at or above that price for 20 consecutive trading days prior to June 18, 2027. Tranche 2 will vest 25,000 shares after the Reporting Person's continued employment on or after June 18, 2025 if the price of the Company's common stock increases to $2.94 per share and trades at or above that price for 20 consecutive trading days prior to June 18, 2027. Tranche 3 will vest 30,000 shares after the Reporting Person's continued employment on June 18, 2027 if the price of the Company's common stock increases to $3.68 per share and trades at or above that price for 20 consecutive trading days prior to June 18, 2027. |
| F3 | These RSUs were granted under the VerifyMe, Inc. 2020 Equity Incentive Plan in a transaction exempt under Rule 16b-3 and vest on 1/1/2025, except as otherwise provided in the award notice. |
| F4 | One-third of the original grant of these RSUs vested on 11/2/2023, and except as otherwise provided in the award notice, the balance vests in substantially equal installments on 11/2/2024 and 11/2/2025. |
| F5 | These RSUs vest in two equal tranches, except as otherwise provided in the award notice. Tranche 1 will vest on 4/22/2024 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 4/22/2025 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 4/22/2024 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 4/22/2025 if the issuer's common stock during such period was at or above $7.00 for 20 consecutive trading days. |