Volk Fred III 4/A
4/A · VerifyMe, Inc. · Filed Jul 2, 2024
Insider Transaction Report
Form 4/AAmended
VerifyMe, Inc.VRME
Volk Fred III
VP-Ops, PeriShip Global LLC
Transactions
- Award
Restricted Stock Units
2024-07-01$1.60/sh+6,250$10,000→ 6,250 totalExercise: $0.00→ Common Stock, par value $0.001 per share (6,250 underlying)
Footnotes (2)
- [F1]These restricted stock units ("RSUs"), 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 vest on 1/1/2025, except as otherwise provided in the award notice.
- [F2]The original Form 4 mistakenly listed $0. This grant of RSUs was made 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.