Filing Details
- Accession Number:
- 0000891839-20-000196
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-06-24 16:07:47
- Reporting Period:
- 2020-06-22
- Accepted Time:
- 2020-06-24 16:07:47
- 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 |
|---|---|---|---|---|---|---|---|
| 1090307 | B Arthur Laffer | 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 | Acquisiton | 2020-06-22 | 10,800 | $4.60 | 23,921 | No | 4 | P | Direct | |
| Common Stock, Par Value $0.001 | Acquisiton | 2020-06-22 | 25,600 | $3.22 | 49,521 | No | 4 | A | Direct | |
| Common Stock, Par Value $0.001 | Acquisiton | 2020-06-22 | 8,000 | $0.00 | 57,521 | No | 4 | A | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | A | Direct | |
| No | 4 | A | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.001 Per Share | Warrant (Right to Buy) | Acquisiton | 2020-06-22 | 10,800 | $4.60 | 10,800 | $4.60 |
| Common Stock, Par Value $0.001 | Convertible Debenture due 2021 | Disposition | 2020-06-22 | 0 | $0.00 | 51,200 | $3.22 |
| Common Stock, Par Value $0.001 Per Share | Warrant (Right to Buy) | Acquisiton | 2020-06-22 | 25,600 | $0.00 | 25,600 | $4.60 |
| Common Stock, Par Value $0.001 | Warrant (Right to Buy) | Disposition | 2020-06-22 | 20,000 | $0.00 | 20,000 | $7.50 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 10,800 | 2020-06-22 | 2025-06-22 | No | 4 | P | Direct |
| 0 | 2020-02-28 | 2021-08-28 | No | 4 | M | Direct |
| 25,600 | 2020-06-22 | 2025-06-22 | No | 4 | A | Direct |
| 0 | 2020-02-28 | 2023-02-28 | No | 4 | D | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.001 | Stock Option (Right to Buy) | $4.03 | 2025-04-16 | 3,000 | 3,000 | Direct | |
| Common Stock, Par Value $0.001 | Stock Option (Right to Buy) | $3.51 | 2025-01-07 | 10,000 | 10,000 | Direct | |
| Common Stock, Par Value $0.001 | Stock Option (Right to Buy) | $3.51 | 2025-01-07 | 10,000 | 10,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2025-04-16 | 3,000 | 3,000 | Direct |
| 2025-01-07 | 10,000 | 10,000 | Direct |
| 2025-01-07 | 10,000 | 10,000 | Direct |
Footnotes
- These shares and warrants were purchased in the Company's recent underwritten public offering at a price of $4.60 per unit.
- The converitble debenture due 2021 automatically converted into 25,600 shares of common stock and a warrant to purchase 25,600 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. Laffer received 0.4 of a share of common stock for each share formerly underlying the cancelled warrant.
- 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.
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