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

Signature
/s/ Rory J. Cutaia
Issuer symbol
VERB
Transactions as of
10 Jan 2022
Net transactions value
+$377,216
Form type
4
Filing time
18 Jan 2022, 08:15:27 UTC
Previous filing
01 Nov 2021
Next filing
24 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERB Common Stock Options Exercise $215,001 +189,645 +3.5% $1.13 5,575,834 10 Jan 2022 Direct
transaction VERB Common Stock Options Exercise $162,215 +143,085 +2.6% $1.13 5,718,919 10 Jan 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 -189,645 -100% $0.000000* 0 10 Jan 2022 Common Stock 189,645 $1.13 Direct
transaction VERB Employee Stock Option (Right to Buy) Options Exercise $0 -143,085 -100% $0.000000* 0 10 Jan 2022 Common Stock 143,085 $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.