Rory J. Cutaia - Jan 10, 2022 Form 4 Insider Report for Verb Technology Company, Inc. (VERB)

Signature
/s/ Rory J. Cutaia
Stock symbol
VERB
Transactions as of
Jan 10, 2022
Transactions value $
$377,216
Form type
4
Date filed
1/18/2022, 08:15 AM
Previous filing
Nov 1, 2021
Next filing
Jan 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERB Common Stock Options Exercise $215K +190K +3.52% $1.13 5.58M Jan 10, 2022 Direct
transaction VERB Common Stock Options Exercise $162K +143K +2.57% $1.13 5.72M Jan 10, 2022 Direct

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
transaction VERB Employee Stock Option (Right to Buy) Options Exercise $0 -190K -100% $0.00* 0 Jan 10, 2022 Common Stock 190K $1.13 Direct
transaction VERB Employee Stock Option (Right to Buy) Options Exercise $0 -143K -100% $0.00* 0 Jan 10, 2022 Common Stock 143K $1.13 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Remarks:

The Reporting Person has exercised stock options to acquire 332,730 shares of the common stock of the Issuer for a total exercise price of $377,216. 189,645 of these stock options were awarded to the Reporting Person in 2019 as an annual incentive award for the 2019 calendar year, and 143,085 of these stock options were awarded to the Reporting Person in 2019 in connection with the Issuer's 2019 uplisting to The Nasdaq Capital Market. These stock option awards are further discussed in the Issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on December 27, 2019.