4//SEC Filing
GREENBERG SCOTT N 4
Accession 0000891839-25-000068
CIK 0001104038other
Filed
Oct 9, 8:00 PM ET
Accepted
Oct 10, 4:30 PM ET
Size
12.0 KB
Accession
0000891839-25-000068
Insider Transaction Report
Form 4
VerifyMe, Inc.VRME
GREENBERG SCOTT N
DirectorExecutive Chairman
Transactions
- Award
Restricted Stock Units
2025-10-09+35,000→ 35,000 totalExercise: $0.00→ Common Stock, par value $0.001 (35,000 underlying)
Holdings
8% Convertible Promissory Note due 2026
Exercise: $1.15From: 2023-08-25Exp: 2026-08-25→ Common Stock, par value $0.001 (43,478 underlying)- 74,011
Common Stock, par value $0.001
- 175,561(indirect: By Trust)
Common Stock, par value $0.001
- 15,552
Warrant (Right to Buy)
Exercise: $3.21From: 2022-10-14Exp: 2027-10-14→ Common Stock, par value $0.001 (15,552 underlying) - 56,819
Restricted Stock Units
Exercise: $0.00→ Common Stock, par value $0.001 (56,819 underlying)
Footnotes (3)
- [F1]Includes 68,310 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.
- [F2]These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the VerifyMe, Inc. 2020 Equity Incentive Plan and will vest on the first anniversary of the grant date and become payable upon the reporting person's separation from service with the issuer.
- [F3]These restricted stock units, which convert into common stock on a one-for-one basis, vest in two equal tranches, except as otherwise provided in the award notice. Tranche 1 will vest on 3/15/2025 if the issuer's common stock during such period was at or above $2.75 for 20 consecutive trading days. In the event that the issuer's common stock during such period does not reach $2.75 for 20 consecutive trading days, Tranche 1 will vest on 3/15/2026 if the issuer's common stock during such period was at or above $2.75 for 20 consecutive trading days. Tranche 2 will vest on 3/15/2025 if the issuer's common stock during such period was at or above $3.75 for 20 consecutive trading days. In the event that the issuer's common stock during such period does not reach $3.75 for 20 consecutive trading days, Tranche 2 will vest on 3/15/2026 if the issuer's common stock during such period was at or above $3.75 for 20 consecutive trading days.
Issuer
VerifyMe, Inc.
CIK 0001104038
Entity typeother
Related Parties
1- filerCIK 0001018206
Filing Metadata
- Form type
- 4
- Filed
- Oct 9, 8:00 PM ET
- Accepted
- Oct 10, 4:30 PM ET
- Size
- 12.0 KB