4//SEC Filing
white patrick joseph 4
Accession 0000891839-20-000104
CIK 0001104038other
Filed
Apr 19, 8:00 PM ET
Accepted
Apr 20, 4:09 PM ET
Size
11.8 KB
Accession
0000891839-20-000104
Insider Transaction Report
Form 4
VerifyMe, Inc.VRME
White Patrick Joseph
DirectorCEO
Transactions
- Award
Stock Option (Right to Buy)
2020-04-16+7,000,000→ 7,000,000 totalExercise: $0.07Exp: 2025-08-15→ Common Stock, par value $0.001 (7,000,000 underlying) - Award
Stock Option (Right to Buy)
2019-08-14+500,000→ 500,000 totalExercise: $0.14Exp: 2024-08-14→ Common Stock, par value $0.001 (500,000 underlying) - Award
Common Stock, par value $0.001
2020-04-16+1,875,000→ 2,025,000 total - Disposition to Issuer
Stock Option (Right to Buy)
2020-04-16−7,000,000→ 0 totalExercise: $0.07Exp: 2022-08-15→ Common Stock, par value $0.001 (7,000,000 underlying)
Footnotes (2)
- [F1]This option, granted in a transaction exempt under Rule 16b-3, has fully vested as of the date of this report.
- [F2]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on August 15, 2017 and 5,000,000 options immediately vested and the balance vested in equal annual installments over a two-year period, subject to continued employment with the Company. The "new" option, granted in a transaction exempt under Rule 16b-3, is fully vested as of the date of this report.
Documents
Issuer
VerifyMe, Inc.
CIK 0001104038
Entity typeother
Related Parties
1- filerCIK 0001712944
Filing Metadata
- Form type
- 4
- Filed
- Apr 19, 8:00 PM ET
- Accepted
- Apr 20, 4:09 PM ET
- Size
- 11.8 KB