4//SEC Filing
Wang Jack 4
Accession 0000891839-26-000018
CIK 0001104038other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 4:33 PM ET
Size
10.9 KB
Accession
0000891839-26-000018
Insider Transaction Report
Form 4
VerifyMe, Inc.VRME
Wang Jack
SVP, Technology and CIO
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2026-01-01$1.60/sh+11,812$18,899→ 62,207 total - Tax Payment
Common Stock, par value $0.001 per share
2026-01-01$0.60/sh−3,159$1,898→ 59,048 total - Exercise/Conversion
Restricted Stock Units
2026-01-01$1.60/sh−11,812$18,899→ 0 totalExercise: $0.00→ Common Stock, par value $0.001 per share (11,812 underlying)
Holdings
- 75,000
Restricted Stock Units
Exercise: $0.00→ Common Stock, par value $0.001 per share (75,000 underlying)
Footnotes (3)
- [F1]These restricted stock units, which convert into common stock on a one-for-one basis (the "RSUs"), were granted pursuant to the issuer's salary reduction program, pursuant to which the number of RSUs was determined by dividing the amount of the reporting person's salary reduction by $1.60, and vested on 1/1/2026.
- [F2]Shares withheld to cover tax withholding obligations upon the vesting of RSUs.
- [F3]These RSUs vest in three tranches, except as otherwise provided in the award notice. Tranche 1 will vest 20,000 shares of common stock after the reporting person's continued employment on or after June 18, 2024 if the price of the issuer's common stock increases to $2.21 per share and trades at or above that price for 20 consecutive trading days prior to June 18, 2027. Tranche 2 will vest 25,000 shares after the reporting person's continued employment on or after June 18, 2025 if the price of the issuer's common stock increases to $2.94 per share and trades at or above that price for 20 consecutive trading days prior to June 18, 2027. Tranche 3 will vest 30,000 shares after the reporting person's continued employment on June 18, 2027 if the price of the issuer's common stock increases to $3.68 per share and trades at or above that price for 20 consecutive trading days prior to June 18, 2027.
Issuer
VerifyMe, Inc.
CIK 0001104038
Entity typeother
Related Parties
1- filerCIK 0001926218
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 4:33 PM ET
- Size
- 10.9 KB