Filing Details
- Accession Number:
- 0000891839-20-000195
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-06-24 16:07:06
- Reporting Period:
- 2020-06-22
- Accepted Time:
- 2020-06-24 16:07:06
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1104038 | Verifyme Inc. | VRME | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
925236 | S Marshall Geller | C/O Verifyme, Inc. 75 S. Clinton Avenue, Suite 510 Rochester NY 14604 | Yes | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, Par Value $0.001 Per Share | Acquisiton | 2020-06-22 | 31,941 | $3.22 | 40,841 | No | 4 | A | Direct | |
Common Stock, Par Value $0.001 Per Share | Acquisiton | 2020-06-22 | 10,000 | $0.00 | 50,841 | No | 4 | A | Direct | |
Common Stock, Par Value $0.001 Per Share | Acquisiton | 2020-06-22 | 7,000 | $4.60 | 106,500 | No | 4 | P | Indirect | By Marshall & Patricia Geller Living Trust |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | A | Direct | |
No | 4 | P | Indirect | By Marshall & Patricia Geller Living Trust |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock, Par Value $0.001 Per Share | Converitble Debenture due 2021 | Disposition | 2020-06-22 | 0 | $0.00 | 63,882 | $3.22 |
Common Stock, Par Value $0.001 Per Share | Warrant (Right to Buy) | Acquisiton | 2020-06-22 | 31,941 | $0.00 | 31,941 | $4.60 |
Common Stock, Par Value $0.001 Per Share | Warrant (Right to Buy) | Disposition | 2020-06-22 | 25,000 | $0.00 | 25,000 | $7.50 |
Common Stock, Par Value $0.001 Per Share | Warrant (Right to Buy) | Acquisiton | 2020-06-22 | 7,000 | $4.60 | 7,000 | $4.60 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2020-03-06 | 2021-09-06 | No | 4 | M | Direct |
31,941 | 2020-06-22 | 2025-06-22 | No | 4 | A | Direct |
0 | 2020-03-06 | 2023-03-06 | No | 4 | D | Direct |
7,000 | 2020-06-22 | 2025-06-22 | No | 4 | P | Indirect |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock, Par Value $0.001 Per Share | Stock Option (Right to Buy) | $5.30 | 2025-05-27 | 3,000 | 3,000 | Direct | |
Common Stock, Par Value $0.001 Per Share | Stock Option (Right to Buy) | $3.51 | 2025-01-07 | 10,000 | 10,000 | Direct | |
Common Stock, Par Value $0.001 Per Share | Stock Option (Right to Buy) | $3.51 | 2025-01-07 | 10,000 | 10,000 | Direct | |
Common Stock, Par Value $0.001 Per Share | Warrant (Right to Buy) | $7.50 | 2023-01-03 | 14,300 | 14,300 | Indirect | |
Common Stock, Par Value $0.001 Per Share | Warrant (Right to Buy) | $7.50 | 2022-06-30 | 22,880 | 22,880 | Indirect | |
Common Stock, Par Value $0.001 Per Share | Warrant (Right to Buy) | $7.50 | 2022-06-30 | 12,320 | 12,320 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2025-05-27 | 3,000 | 3,000 | Direct |
2025-01-07 | 10,000 | 10,000 | Direct |
2025-01-07 | 10,000 | 10,000 | Direct |
2023-01-03 | 14,300 | 14,300 | Indirect |
2022-06-30 | 22,880 | 22,880 | Indirect |
2022-06-30 | 12,320 | 12,320 | Indirect |
Footnotes
- The convertible debenture due 2021 automatically converted into 31,941 shares of common stock and a warrant to purchase 31,941 shares of common stock in a transaction exempt under Rule 16b-3.
- Pursuant to transactions exempt under Rule 16b-3, the warrant was cancelled and Mr. Geller received 0.4 of a share of common stock for each share formerly underlying the cancelled warrant.
- These shares and warrants were purchased in the Company's recent underwritten public offering at a price of $4.60 per unit.
- This option has fully vested as of the date of this report.
- This option vested 25% on March 31, 2020 and June 30, 2020 and vests 25% on each of September 30, 2020 and December 31, 2020.
- This warrant has fully vested as of the date of this report.