4//SEC Filing
Meyers Nancy L. 4
Accession 0001062993-25-000180
CIK 0001104038other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:31 PM ET
Size
21.2 KB
Accession
0001062993-25-000180
Insider Transaction Report
Form 4
VerifyMe, Inc.VRME
Meyers Nancy L.
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2024-12-31+20,000→ 25,882 total - Exercise/Conversion
Common Stock, par value $0.001 per share
2025-01-01$1.60/sh+5,625$9,000→ 24,766 total - Tax Payment
Common Stock, par value $0.001 per share
2024-12-31$1.36/sh−6,741$9,168→ 19,141 total - Exercise/Conversion
Restricted Stock Units
2024-12-31−20,000→ 0 totalExercise: $0.00→ Common Stock, par value $0.001 per share (20,000 underlying) - Tax Payment
Common Stock, par value $0.001 per share
2025-01-01$1.36/sh−1,896$2,579→ 22,870 total - Exercise/Conversion
Restricted Stock Units
2025-01-01$1.60/sh−5,625$9,000→ 0 totalExercise: $0.00→ Common Stock, par value $0.001 per share (5,625 underlying) - Award
Restricted Stock Units
2025-01-01$1.60/sh+11,250$18,000→ 11,250 totalExercise: $0.00→ Common Stock, par value $0.001 per share (11,250 underlying)
Holdings
- 48(indirect: By Spouse)
Common Stock, par value $0.001 per share
- 28,125
Restricted Stock Units
Exercise: $0.00→ Common Stock, par value $0.001 per share (28,125 underlying) - 120,000
Restricted Stock Units
Exercise: $0.00→ Common Stock, par value $0.001 per share (120,000 underlying)
Footnotes (6)
- [F1]These restricted stock units, which convert into common stock on a one-for-one basis (the "RSUs"), vested on 12/31/2024.
- [F2]Shares withheld to cover tax withholding obligations upon the vesting of RSUs.
- [F3]These 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 1/1/2025.
- [F4]These RSUs were granted pursuant to the issuer's salary reduction program in a transaction exempt under Rule 16b-3, pursuant to which the number of RSUs was determined by dividing the amount of the reporting person's salary reduction by $1.60. These RSUs will vest on 1/1/2026.
- [F5]These RSUs vest in three tranches, except as otherwise provided in the award notice. Tranche 1 will vest 35,000 shares of common stock after the Reporting Person's continued employment on or after June 18, 2024 if the price of the Company'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 40,000 shares after the Reporting Person's continued employment on or after June 18, 2025 if the price of the Company'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 45,000 shares after the Reporting Person's continued employment on June 18, 2027 if the price of the Company'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.
- [F6]These RSUs vest in three two tranches, except as otherwise provided in the award notice. Tranche 1 will vest on 2/16/2024 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, Tranche 1 will vest on 2/16/2025 if the issuer's common stock during such period was at or above $5.00 for 20 consecutive trading days. Tranche 2 will vest on 2/16/2024 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, Tranche 2 will vest on 2/16/2025 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 0001913629
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 4:31 PM ET
- Size
- 21.2 KB