Form 4 for VRME VerifyMe, Inc.
Accepted 2022-09-19 00:00:00 ET · period of report 2022-09-17 · accession 0001062993-22-019696 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-09-19 | 2022-09-17 | VRME | Gardner Christopher P | Dir | M - OptEx | $0.00 | +7,000 | 143.7K | +5% | $0 |
| D | 2022-09-19 | 2022-09-17 | VRME | Gardner Christopher P | Dir | M - OptEx | $0.00 | -7,000 | 7,000 | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.001 | 2022-09-17 | M | A | 7,000 | $0.00 | 143,671 | D | — | — | (F1) These restricted stock units convert into common stock on a one-for-one basis. (F3) Includes 39,308 shares of time-vested restricted stock that vests in full on 1/1/2023, subject to continuous service as a member of the board of directors. (F2) Includes 43,002 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. |
| 2 | Derivative | Restricted Stock Units | 2022-09-17 | M | D | 7,000 | $0.00 | 7,000 | D | $0.00 · — to — | 7,000 Common Stock, par value $0.001 | (F1) These restricted stock units convert into common stock on a one-for-one basis. (F4) These restricted stock units, which convert into common stock on a one-for-one basis, vested one-third on each of 9/17/2021 and 9/17/2022 and, except as otherwise provided in the award notice, vest one-third on 9/17/2023, 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. |