Margaret Gezerlis - 31 Jul 2023 Form 4 Insider Report for VerifyMe, Inc. (VRME)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
31 Jul 2023, 16:30:36 UTC
Prior SEC filing
24 Jul 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Margaret Gezerlis

Key filing fact

Margaret Gezerlis filed Form 4 for VerifyMe, Inc. (VRME) on 31 Jul 2023.

Key facts

  • This page summarizes Margaret Gezerlis's Form 4 filing for VerifyMe, Inc. (VRME).
  • 1 reported transaction and 3 derivative rows are listed below.
  • Accepted by SEC: 31 Jul 2023, 16:30.

Change

  • Previous filing in this sequence was filed on 24 Jul 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VRME holding

Common Stock, par value $0.001 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
28,500
Date
31 Jul 2023
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VRME transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+42,612
Change %
Price
$0.000000
Shares after
42,612
Date
31 Jul 2023
Ownership
Direct
Underlying class
Common Stock, par value $0.001 per share
Underlying amount
42,612
Exercise price
$0.000000
Footnotes
F1
VRME holding Derivative

Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,000
Date
31 Jul 2023
Ownership
Direct
Underlying class
Common Stock, par value $0.001 per share
Underlying amount
4,000
Exercise price
$3.50
Footnotes
F2
VRME holding Derivative

Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,000
Date
31 Jul 2023
Ownership
Direct
Underlying class
Common Stock, par value $0.001 per share
Underlying amount
2,000
Exercise price
$16.05
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Margaret Gezerlis is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the VerifyMe, Inc. 2020 Equity Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on 7/31/2026 in two equal tranches. Tranch 1 will vest on 7/31/2026 if the issuer's common stock during such period was at or above $2.75 for 20 consecutive trading days. Tranch 2 will vest on 7/31/2026 if the issuer's common stock during such period was at or above $3.75 for 20 consecutive trading days.

Footnote F2

This option is fully exercisable as of the date of this report.

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