ARTHUR B. LAFFER - 29 Feb 2024 Form 4 Insider Report for VerifyMe, Inc. (VRME)

Role
Director
Signature
/s/ Nancy Meyers, Attorney-in-Fact for Arthur B. Laffer
Issuer symbol
VRME
Transactions as of
29 Feb 2024
Net transactions value
+$7,760
Form type
4
Filing time
04 Mar 2024, 16:37:53 UTC
Previous filing
19 Sep 2023
Next filing
15 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRME Common Stock, par value $0.001 Award $7,760 +8,000 +3% $0.9700 272,516 29 Feb 2024 Direct F1, F2
holding VRME Common Stock, par value $0.001 44,225 29 Feb 2024 By Jama Land, LLC F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding VRME Stock Option (Right to Buy) 3,000 29 Feb 2024 Common Stock, par value $0.001 3,000 $4.02 Direct F4
holding VRME Stock Option (Right to Buy) 10,000 29 Feb 2024 Common Stock, par value $0.001 10,000 $3.50 Direct F4
holding VRME Stock Option (Right to Buy) 10,000 29 Feb 2024 Common Stock, par value $0.001 10,000 $3.50 Direct F4
holding VRME Warrant (Right to Buy) 31,104 29 Feb 2024 Common Stock, par value $0.001 31,104 $3.22 By Jama Land, LLC F3
holding VRME Warrant (Right to Buy) 10,800 29 Feb 2024 Common Stock, par value $0.001 10,800 $4.60 Direct
holding VRME Warrant (Right to Buy) 25,600 29 Feb 2024 Common Stock, par value $0.001 25,600 $4.60 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired under the VerifyMe, Inc. 2021 Stock Purchase Plan in a transaction exempt under Rule 16b-3(d).
F2 Includes (i) 86,806 shares of restricted stock that vest on 6/7/2024 and (ii) 89,310 vested restricted stock units 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 Mr. Laffer is a Managing Member of Jama Land, LLC.
F4 This option is fully exercisable as of the date of this report.