4//SEC Filing
GREENBERG SCOTT N 4
Accession 0001062993-23-000057
CIK 0001104038other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:32 PM ET
Size
13.6 KB
Accession
0001062993-23-000057
Insider Transaction Report
Form 4
VerifyMe, Inc.VRME
GREENBERG SCOTT N
DirectorExecutive Chairman
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-01-01−39,308→ 0 totalExercise: $0.00→ Common Stock, par value $0.001 (39,308 underlying) - Exercise/Conversion
Common Stock, par value $0.001
2023-01-01+39,308→ 124,065 total
Holdings
- 30,000
Restricted Stock Units
Exercise: $0.00→ Common Stock, par value $0.001 (30,000 underlying) - 10,000
Stock Option (Right to Buy)
Exercise: $3.50Exp: 2025-01-07→ Common Stock, par value $0.001 (10,000 underlying) - 15,552
Warrant (Right to Buy)
Exercise: $3.21From: 2022-10-14Exp: 2027-10-14→ Common Stock, par value $0.001 (15,552 underlying) - 6,403
Warrant (Right to Buy)
Exercise: $4.60From: 2020-06-22Exp: 2025-06-22→ Common Stock, par value $0.001 (6,403 underlying)
Footnotes (6)
- [F1]These restricted stock units convert into common stock on a one-for-one basis and become payable upon separation of the Reporting Person's service as a director.
- [F2]Includes 68,310 vested restricted stock units 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]These restricted stock units vested on 1/1/2023.
- [F4]These restricted stock units, which convert into common stock on a one-for-one basis, vest on 4/7/2024 in two equal tranches, except as otherwise provided in the award notice. Tranch 1 will vest on the second anniversary of the date of grant if the issuer's common stock during such period was at or above $5.00 for 20 consecutive trading days. In the event that the issuer's common stock during such period does not reach $5.00 for 20 consecutive trading days, Tranch 1 will vest on the third anniversary of the date of grant if the issuer's common stock during such period was at or above $5.00 for 20 consecutive trading days.
- [F5](Continued from footnote 4) Tranch 2 will vest on the second anniversary of the date of grant if the issuer's common stock during such period was at or above $7.00 for 20 consecutive trading days. In the event that the issuer's common stock during such period does not reach $7.00 for 20 consecutive trading days, Tranch 2 will vest on the third anniversary of the date of grant if the issuer's common stock during such period was at or above $7.00 for 20 consecutive trading days.
- [F6]This option is fully exercisable as of the date of this report.
Issuer
VerifyMe, Inc.
CIK 0001104038
Entity typeother
Related Parties
1- filerCIK 0001018206
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 4:32 PM ET
- Size
- 13.6 KB