| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | VRME | Common Stock, par value $0.001 per share | Options Exercise | $15,000 | +9,375 | +3.51% | $1.60 | 276,379 | 01 Jan 2025 | Direct | F1, F2 |
| transaction | VRME | Common Stock, par value $0.001 per share | Tax liability | -$5,482 | -4,031 | -1.46% | $1.36 | 272,348 | 01 Jan 2025 | Direct | F2, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | VRME | Restricted Stock Units | Options Exercise | -$15,000 | -9,375 | -100% | $1.60 | 0 | 01 Jan 2025 | Common Stock, par value $0.001 per share | 9,375 | $0.000000 | Direct | F1 |
| transaction | VRME | Restricted Stock Units | Award | $30,000 | +18,750 | $1.60 | 18,750 | 01 Jan 2025 | Common Stock, par value $0.001 per share | 18,750 | $0.000000 | Direct | F4 | |
| holding | VRME | Restricted Stock Units | 136,055 | 01 Jan 2025 | Common Stock, par value $0.001 per share | 136,055 | $0.000000 | Direct | F5 | |||||
| holding | VRME | Restricted Stock Units | 550,000 | 01 Jan 2025 | Common Stock, par value $0.001 per share | 550,000 | $0.000000 | Direct | F6 | |||||
| holding | VRME | 8% Convertible Promissory Note due 2026 | $175,000 | 01 Jan 2025 | Common Stock, par value $0.001 per share | 152,174 | $1.15 | Direct |
| Id | Content |
|---|---|
| F1 | These restricted stock units, which convert into common stock on a one-for-one basis (the "RSUs"), were granted pursuant to the issuer's salary reduction program, pursuant to which the number of RSUs was determined by dividing the amount of the reporting person's salary reduction by $1.60, and vested on 1/1/2025. |
| F2 | Includes 28,592 vested RSUs that become payable, on a one-for-one basis, in shares of common stock of VerifyMe, Inc. upon separation of the Reporting Person's service as a director. |
| F3 | Shares withheld to cover tax withholding obligations upon the vesting of RSUs. |
| F4 | These RSUs were granted pursuant to the issuer's salary reduction program in a transaction exempt under Rule 16b-3, pursuant to which the number of RSUs was determined by dividing the amount of the reporting person's salary reduction by $1.60. These RSUs will vest on 1/1/2026. |
| F5 | One-third of the original grant of these RSUs vested on 6/19/2024 and, except as otherwise provided in the award notice, the balance vests in substantially equal installments on each of 6/19/2025 and 6/19/2026. |
| F6 | These RSUs vest in three tranches, except as otherwise provided in the award notice. Tranche 1 will vest 150,000 shares of common stock on or after 6/19/2024 if the price of the issuer's common stock is $2.21 per share and trades at or above that price for 20 consecutive days. Tranche 2 will vest 200,000 shares of common stock on or after 6/19/2025 if the issuer's common stock trades at or above $2.94 per share for 20 consecutive trading days. Tranche 3 will vest 200,000 shares of common stock on 6/19/2027 if the issuer's common stock trades at or above $3.68 per share for 20 consecutive trading days. |