James P. Geiskopf - 21 Jun 2023 Form 4 Insider Report for Verb Technology Company, Inc. (VERB)

Role
Director
Signature
/s/ James P. Geiskopf
Issuer symbol
VERB
Transactions as of
21 Jun 2023
Net transactions value
$0
Form type
4
Filing time
23 Jun 2023, 17:00:21 UTC
Previous filing
25 Apr 2023
Next filing
09 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERB Common Stock Award $0 +9,854 +39% $0.000000 35,430 21 Jun 2023 Direct F1

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 Stock Options (right to buy) Award $0 +162,883 $0.000000 162,883 21 Jun 2023 Common Stock 162,883 $1.11 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock were issued to the Reporting Person in consideration of the deferment of a portion of the Reporting Person's cash salary in connection with the Issuer's cash preservation and cost reduction program.
F2 On June 21, 2023, the compensation committee of the Issuer's board of directors adopted the annual recommendation of an independent compensation consulting firm retained to determine compensation for the Issuer's executives and board members, granting a stock option to the Reporting Person equal to 162,883 shares of common stock that vests on the first anniversary.