Salman Hassan Khan - 30 Mar 2022 Form 4 Insider Report for Verb Technology Company, Inc. (VERB)

Signature
/s/ Salman H. Khan
Issuer symbol
VERB
Transactions as of
30 Mar 2022
Net transactions value
+$300,000
Form type
4
Filing time
01 Apr 2022, 11:42:46 UTC
Previous filing
07 Mar 2022
Next filing
17 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERB Common Stock Award $300,000 +300,601 +2037% $0.9980 315,356 30 Mar 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As further discussed in the Company's Form 8K filed with the Securities and Exchange Commission on January 24, 2022, Reporting Person was appointed as the Company's Interim Chief Financial Officer. On March 30, 2022, the Company's Board of Directors approved Reporting Person's appointment as the Company's permanent Chief Financial Officer. In connection with this appointment as the Company's Chief Financial Officer, the Company has agreed to provide Reporting Person 300,601 restricted shares of the Company's common stock granted, 75,150 of which shall vest on March 30, 2023, 75,150 of which shall vest on March 30, 2024, 75,150 of which shall vest on March 30, 2025, and 75,151 of which shall vest on March 30, 2026.