KENNETH S. CRAGUN - 08 Nov 2024 Form 4 Insider Report for Verb Technology Company, Inc. (VERB)

Role: Director
Signature: /s/ Kenneth S. Cragun
Issuer symbol: VERB
Transactions as of: 08 Nov 2024
Net transactions value: $0
Form type: 4
Filing time: 08 Nov 2024, 21:30:09 UTC
Previous filing: 12 Aug 2024
Next filing: 08 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VERB	Common Stock	Award	$0	+8,155	+42921%	$0.000000	8,174	08 Nov 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 8,155 restricted stock units to the Reporting Person that will vest on the first anniversary 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 the 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) 8,155 newly awarded restricted stock units and (ii) 19 restricted stock units, of which 19 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 8,155 restricted stock units to the Reporting Person that will vest on the first anniversary 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 the 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) 8,155 newly awarded restricted stock units and (ii) 19 restricted stock units, of which 19 have vested and issued to the Reporting Person.