Adam Stedham - 19 Jun 2025 Form 4 Insider Report for VerifyMe, Inc. (VRME)

Signature
/s/ Nancy Meyers, Attorney-in-Fact for Adam Stedham
Issuer symbol
VRME
Transactions as of
19 Jun 2025
Transactions value $
$-19,843
Form type
4
Filing time
20 Jun 2025, 16:32:09 UTC
Previous filing
10 Mar 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Stedham Adam H CEO and President, Director C/O VERIFYME, INC., 801 INTERNATIONAL PARKWAY, FIFTH FLOOR, LAKE MARY /s/ Nancy Meyers, Attorney-in-Fact for Adam Stedham 20 Jun 2025 0001723447

Transactions Table

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 $0 +68,027 +18.5% $0.000000 435,375 19 Jun 2025 Direct F1, F2
transaction VRME Common Stock, par value $0.001 per share Tax liability $-19,843 -26,178 -6.01% $0.7580 409,197 19 Jun 2025 Direct F2, F3

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 Options Exercise $0 -68,027 -50% $0.000000 68,028 19 Jun 2025 Common Stock, par value $0.001 per share 68,027 $0.000000 Direct F1, F4
holding VRME Restricted Stock Units 18,750 19 Jun 2025 Common Stock, par value $0.001 per share 18,750 $0.000000 Direct F1, F5
holding VRME Restricted Stock Units 550,000 19 Jun 2025 Common Stock, par value $0.001 per share 550,000 $0.000000 Direct F1, F6
holding VRME 8% Convertible Promissory Note due 2026 $175,000 19 Jun 2025 Common Stock, par value $0.001 per share 152,174 $1.15 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 convert into common stock on a one-for-one basis ("RSUs").
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 on the vesting of RSUs.
F4 68,027 RSUs vested on 6/19/2025 and, except as otherwise provided in the award notice, the balance vests on 6/19/2026.
F5 These RSUs were granted pursuant to the issuer's salary reduction program and will vest on 1/1/2026, except as otherwise provided in the award notice.
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.