4//SEC Filing
Kole Curt Harris 4
Accession 0001062993-22-011242
CIK 0001104038other
Filed
May 1, 8:00 PM ET
Accepted
May 2, 4:38 PM ET
Size
6.6 KB
Accession
0001062993-22-011242
Insider Transaction Report
Form 4
VerifyMe, Inc.VRME
Kole Curt Harris
EVP-Sales, PeriShip Global LLC
Transactions
- Award
Restricted Stock Units
2022-04-22+72,100→ 72,100 totalExercise: $0.00→ Common Stock, par value $0.001 per share (72,100 underlying)
Footnotes (2)
- [F1]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 in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on 4/22/2024 in two equal tranches. 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.
- [F2](Continued from footnote 1) 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.
Issuer
VerifyMe, Inc.
CIK 0001104038
Entity typeother
Related Parties
1- filerCIK 0001926274
Filing Metadata
- Form type
- 4
- Filed
- May 1, 8:00 PM ET
- Accepted
- May 2, 4:38 PM ET
- Size
- 6.6 KB