GARDNER NORMAN A 4

4 · VerifyMe, Inc. · Filed Apr 20, 2020

Form 4

Period: 2020-04-16

DirectorSecretary and Treasurer

Transactions

Disposition to Issuer
Stock Option (Right to Buy)
2020-04-16−4,500,000→ 0 total
Exercise: $0.07Exp: 2022-06-28→ Common Stock, par value $0.001 (4,500,000 underlying)
Award
Stock Option (Right to Buy)
2020-04-16+4,500,000→ 4,500,000 total
Exercise: $0.07Exp: 2025-06-28→ Common Stock, par value $0.001 (4,500,000 underlying)

Holdings

Common Stock, par value $0.001
4,049,469
Stock Option (Right to Buy)
Exercise: $0.25Exp: 2026-12-21→ Common Stock, par value $0.001 (250,000 underlying)
250,000
Common Stock, par value $0.001
(indirect: By LLC)
44,820
Stock Option (Right to Buy)
Exercise: $0.11Exp: 2026-12-21→ Common Stock, par value $0.001 (165,000 underlying)
165,000

Footnotes (3)

[F1]Mr. Gardner disclaims beneficial ownership of the securities held by OPC Partners LLC, an entity in which Mr. Gardner has an ownership interest, except to the extent of his pecuniary interest therein.
[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 June 28, 2017 and immediately vested on the date of grant. The "new" option, granted under the VerifyMe, Inc. 2013 Omnibus Equity Compensation Plan in a transaction exempt under Rule 16b-3, is fully vested as of the date of this report.
[F3]This option has fully vested as of the date of this report.

Documents

1 file