4//SEC Filing
Stedham Adam H 4
Accession 0001062993-25-011998
CIK 0001104038other
Filed
Jun 19, 8:00 PM ET
Accepted
Jun 20, 4:32 PM ET
Size
13.6 KB
Accession
0001062993-25-011998
Insider Transaction Report
Form 4
VerifyMe, Inc.VRME
Stedham Adam H
DirectorCEO and President
Transactions
- Tax Payment
Common Stock, par value $0.001 per share
2025-06-19$0.76/sh−26,178$19,843→ 409,197 total - Exercise/Conversion
Common Stock, par value $0.001 per share
2025-06-19+68,027→ 435,375 total - Exercise/Conversion
Restricted Stock Units
2025-06-19−68,027→ 68,028 totalExercise: $0.00→ Common Stock, par value $0.001 per share (68,027 underlying)
Holdings
- 18,750
Restricted Stock Units
Exercise: $0.00→ Common Stock, par value $0.001 per share (18,750 underlying) 8% Convertible Promissory Note due 2026
Exercise: $1.15From: 2023-08-25Exp: 2026-08-25→ Common Stock, par value $0.001 per share (152,174 underlying)- 550,000
Restricted Stock Units
Exercise: $0.00→ Common Stock, par value $0.001 per share (550,000 underlying)
Footnotes (6)
- [F1]These restricted stock units convert into common stock on a one-for-one basis ("RSUs").
- [F2]Includes 28,592 vested RSUs that become payable, on a one-for-one basis, in shares of common stock of VerifyMe, Inc. upon separation of the Reporting Person's service as a director.
- [F3]Shares withheld to cover tax withholding obligations on the vesting of RSUs.
- [F4]68,027 RSUs vested on 6/19/2025 and, except as otherwise provided in the award notice, the balance vests on 6/19/2026.
- [F5]These RSUs were granted pursuant to the issuer's salary reduction program and will vest on 1/1/2026, except as otherwise provided in the award notice.
- [F6]These RSUs vest in three tranches, except as otherwise provided in the award notice. Tranche 1 will vest 150,000 shares of common stock on or after 6/19/2024 if the price of the issuer's common stock is $2.21 per share and trades at or above that price for 20 consecutive days. Tranche 2 will vest 200,000 shares of common stock on or after 6/19/2025 if the issuer's common stock trades at or above $2.94 per share for 20 consecutive trading days. Tranche 3 will vest 200,000 shares of common stock on 6/19/2027 if the issuer's common stock trades at or above $3.68 per share for 20 consecutive trading days.
Issuer
VerifyMe, Inc.
CIK 0001104038
Entity typeother
Related Parties
1- filerCIK 0001723447
Filing Metadata
- Form type
- 4
- Filed
- Jun 19, 8:00 PM ET
- Accepted
- Jun 20, 4:32 PM ET
- Size
- 13.6 KB