Fliderman Sandy 4
4 · VerifyMe, Inc. · Filed Mar 2, 2022
Insider Transaction Report
Form 4
VerifyMe, Inc.VRME
Fliderman Sandy
Chief Technology Officer
Transactions
- Award
Common Stock, par value $0.001 per share
2022-02-28$2.69/sh+5,000$13,450→ 14,500 total
Holdings
- 33,614(indirect: By LLC)
Common Stock, par value $0.001 per share
- 25,614(indirect: By LLC)
Warrant (Right to Buy)
Exercise: $4.60From: 2020-06-22Exp: 2025-06-22→ Common Stock, par value $0.001 per share (25,614 underlying) - 9,375
Restricted Stock Units
Exercise: $0.00→ Common Stock, par value $0.001 per share (9,375 underlying)
Footnotes (3)
- [F1]These shares were acquired under the VerifyMe, Inc. 2021 Stock Purchase Plan in a transaction exempt under Rule 16b-3(d).
- [F2]These restricted stock units, which convert into common stock on a one-for-one basis, vest on 2/16/2024 in two equal tranches, except as otherwise provided in the award notice. Tranch 1 will vest on the second anniversary of the date of grant if the issuer's common stock during such period was at or above $5.00 for 20 consecutive trading days. In the event that the issuer's common stock during such period does not reach $5.00 for 20 consecutive trading days, Tranch 1 will vest on the third anniversary of the date of grant if the issuer's common stock during such period was at or above $5.00 for 20 consecutive trading days.
- [F3](Continued from footnote 2) Tranch 2 will vest on the second anniversary of the date of grant if the issuer's common stock during such period was at or above $7.00 for 20 consecutive trading days. In the event that the issuer's common stock during such period does not reach $7.00 for 20 consecutive trading days, Tranch 2 will vest on the third anniversary of the date of grant if the issuer's common stock during such period was at or above $7.00 for 20 consecutive trading days.