Bill J. Rivard - Nov 8, 2024 Form 4 Insider Report for Verb Technology Company, Inc. (VERB)

Role: Interim CFO
Signature: /s/ Bill J. Rivard
Stock symbol: VERB
Transactions as of: Nov 8, 2024
Transactions value $: $0
Form type: 4
Date filed: 11/8/2024, 09:30 PM
Previous filing: Oct 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VERB	Common Stock	Award	$0	+22.9K	+3045.95%	$0.00	23.7K	Nov 8, 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On November 7, 2024, 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 22,936 restricted stock units to the Reporting Person that will vest annually in equal parts on the first, second, third and fourth anniversaries of the grant. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock provided that the Reporting Person remains in continuous service on each vesting date. The restricted stock units may be settled only by delivering shares of the Issuer's common stock, and thus, the grant is being reported in Table 1 instead of Table II, as allowed per SEC guidance and to avoid having to file a Form 4 each time there is a vesting of the restricted stock units.
F2	The total reported in Column 5 includes the (i) 22,936 newly awarded restricted stock units and (ii) 753 restricted stock units, of which 239 have vested and issued to the Reporting Person.

Content

On November 7, 2024, 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 22,936 restricted stock units to the Reporting Person that will vest annually in equal parts on the first, second, third and fourth anniversaries of the grant. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock provided that the Reporting Person remains in continuous service on each vesting date. The restricted stock units may be settled only by delivering shares of the Issuer's common stock, and thus, the grant is being reported in Table 1 instead of Table II, as allowed per SEC guidance and to avoid having to file a Form 4 each time there is a vesting of the restricted stock units.

The total reported in Column 5 includes the (i) 22,936 newly awarded restricted stock units and (ii) 753 restricted stock units, of which 239 have vested and issued to the Reporting Person.