Fliderman Sandy 4
4 · VerifyMe, Inc. · Filed Jun 24, 2020
Insider Transaction Report
Form 4
VerifyMe, Inc.VRME
Fliderman Sandy
Chief Technology Officer
Transactions
- Award
Warrant (Right to Buy)
2020-06-22+25,614→ 25,614 total(indirect: By LLC)Exercise: $4.60From: 2020-06-22Exp: 2025-06-22→ Common Stock, par value $0.001 per share (25,614 underlying) - Disposition to Issuer
Warrant (Right to Buy)
2020-06-22−20,000→ 0 total(indirect: By LLC)Exercise: $7.50From: 2020-02-26Exp: 2023-02-26→ Common Stock, par value $0.001 per share (20,000 underlying) - Award
Common Stock, par value $0.001 per share
2020-06-22$3.22/sh+25,614$82,477→ 25,614 total(indirect: By LLC) - Exercise/Conversion
Convertible Debenture due 2021
2020-06-22→ 0 total(indirect: By LLC)Exercise: $3.22From: 2020-02-26Exp: 2021-08-26→ Common Stock, par value $0.001 per share (51,228 underlying) - Award
Common Stock, par value $0.001 per share
2020-06-22+8,000→ 33,614 total(indirect: By LLC)
Holdings
- 4,500
Common Stock, par value $0.001 per share
Footnotes (2)
- [F1]The convertible debenture due 2021 issued to Industry Private Capital LLC, an entity of which Mr. Fliderman is the majority owner and co-mananger, automatically converted into 25,614 shares of common stock and a warrant to purchase 25,614 shares of common stock in a transaction exempt under Rule 16b-3.
- [F2]Pursuant to transactions exempt under Rule 16b-3, the warrant was cancelled and Industry Private Capital LLC received 0.4 of a share of common stock for each share formerly underlying the cancelled warrant.