SCOTT GREENBERG - 01 Jan 2022 Form 4 Insider Report for VerifyMe, Inc. (VRME)

Role
Director
Signature
/s/ Patrick White, Attorney-in-Fact for Scott N. Greenberg
Issuer symbol
VRME
Transactions as of
01 Jan 2022
Net transactions value
$0
Form type
4
Filing time
04 Jan 2022, 15:36:11 UTC
Previous filing
18 Oct 2021
Next filing
21 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VRME Common Stock, par value $0.001 38,203 01 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 VRME Restricted Stock Units Award $0 +39,308 $0.000000 39,308 01 Jan 2022 Common Stock, par value $0.001 39,308 $0.000000 Direct F1
holding VRME Restricted Stock Units 29,002 01 Jan 2022 Common Stock, par value $0.001 29,002 $0.000000 Direct F2
holding VRME Stock Option (Right to Buy) 10,000 01 Jan 2022 Common Stock, par value $0.001 10,000 $3.50 Direct F3
holding VRME Warrant (Right to Buy) 6,403 01 Jan 2022 Common Stock, par value $0.001 6,403 $4.60 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 1/1/2023, subject to continuous service as a member of the board of directors, and become payable upon separation of the Reporting Person's service as a director.
F2 These restricted stock units, which convert into common stock on a one-for-one basis, except as otherwise provided in the award notice, vest on 1/19/2022, subject to continuous service as a member of the board of directors, and become payable upon separation of the Reporting Person's service as a director.
F3 This option has fully vested as of the date of this report.