Home > Insider Trading > Filing (0001062993-23-018057)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1104038	Verifyme Inc.	VRME	Services-Computer Integrated Systems Design (7373)	233023677

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1723447	H Adam Stedham	C/O Verifyme, Inc. 801 International Parkway, Fifth Floor Lake Mary FL 32746	Chief Executive Officer	Yes	Yes	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	2023-09-13	392	$1.15	118,144	No	4	P	Direct
Common Stock, Par Value $0.001 Per Share	Acquisiton	2023-09-14	650	$1.15	118,794	No	4	P	Direct

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

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	8% Convertible Promissory Note due 2026	$1.15	2023-08-25	2026-08-25	152,174	0	Direct
Common Stock, Par Value $0.001 Per Share	Restricted Stock Units	$0.00			204,082	204,082	Direct
Common Stock, Par Value $0.001 Per Share	Restricted Stock Units	$0.00			550,000	550,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2026-08-25	152,174	0	Direct
	204,082	204,082	Direct
	550,000	550,000	Direct

Footnotes

Includes 28,592 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 in three equal annual installments on each of 6/19/2024, 6/19/2025 and 6/19/2026, except as otherwise provided in the award notice.
These restricted stock units, which convert into common stock on a one-for-one basis, vest in three tranches, except as otherwise provided in the award notice. Tranche 1 will vest 150,000 shares of common stock on or after the first anniversary of the grant date if the price of the Issuer's common stock is $2.21 per share and trades at or above that price for 20 consecutive days. Tranche 2 will vest 200,000 shares of common stock on or after the second anniversary of the grant date if the Issuer's common stock trades at or above $2.94 per share for 20 consecutive trading days. Tranche 3 will vest 200,000 shares of common stock on the fourth anniversary of the grant date if the Issuer's common stock trades at or above $3.68 per share for 20 consecutive trading days.