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Filing Details

Accession Number:: 0001062993-22-010262
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-04-14 17:13:35
Reporting Period:: 2022-04-14

Accepted Time:: 2022-04-14 17:13:35
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
1018206	N Scott Greenberg	C/O Verifyme, Inc. 75 S. Clinton Avenue, Suite 510 Rochester NY 14604	Executive Chairman	Yes	Yes	No	No

Reported Non-Derivative Transactions

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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	2022-04-14	15,552	$0.00	82,757	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, Par Value $0.001	Warrant (Right to Buy)	Acquisiton	2022-04-14	15,552	$0.00	15,552	$3.22

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
15,552	2022-10-14	2027-10-14	No	4	P	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock, Par Value $0.001	Restricted Stock Units	$0.00			30,000	30,000	Direct
Common Stock, Par Value $0.001	Restricted Stock Units	$0.00			39,308	39,308	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	Warrant (Right to Buy)	$4.60	2020-06-22	2025-06-22	6,403	6,403	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	30,000	30,000	Direct
	39,308	39,308	Direct
2025-01-07	10,000	10,000	Direct
2025-06-22	6,403	6,403	Direct

Footnotes

The reported securities are included within 15,552 units purchased by the Reporting Person for $3.215 per unit. Each unit consists of one share of common stock and one warrant to purchase one share of common stock.
Includes 29,002 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.
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.
(Continued from footnote 3) 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.
These restricted stock units, which convert into common stock on a one-for-one basis, vest on 1/1/2023, except as otherwise provided in the award notice, 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.
This option is fully exercisable as of the date of this report.