| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | VRME | Common Stock, par value $0.001 | Gift | $0 | -30K | -36.59% | $0.00 | 52K | May 24, 2023 | Direct | F1 |
| holding | VRME | Common Stock, par value $0.001 | 336K | May 24, 2023 | By Marshall & Patricia Geller Living Trust | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | VRME | Restricted Stock Units | 30K | May 24, 2023 | Common Stock, par value $0.001 | 30K | $0.00 | Direct | F3, F4 | |||||
| holding | VRME | Stock Option (Right to Buy) | 3K | May 24, 2023 | Common Stock, par value $0.001 | 3K | $5.30 | By Marshall & Patricia Geller Living Trust | F5 | |||||
| holding | VRME | Stock Option (Right to Buy) | 10K | May 24, 2023 | Common Stock, par value $0.001 | 10K | $3.51 | By Marshall & Patricia Geller Living Trust | F5 | |||||
| holding | VRME | Stock Option (Right to Buy) | 10K | May 24, 2023 | Common Stock, par value $0.001 | 10K | $3.51 | By Marshall & Patricia Geller Living Trust | F5 | |||||
| holding | VRME | Warrant (Right to Buy) | 31.1K | May 24, 2023 | Common Stock, par value $0.001 | 31.1K | $3.22 | By Marshall & Patricia Geller Living Trust | ||||||
| holding | VRME | Warrant (Right to Buy) | 7K | May 24, 2023 | Common Stock, par value $0.001 | 7K | $4.60 | Direct | ||||||
| holding | VRME | Warrant (Right to Buy) | 31.9K | May 24, 2023 | Common Stock, par value $0.001 | 31.9K | $4.60 | By Marshall & Patricia Geller Living Trust |
| Id | Content |
|---|---|
| F1 | On May 24, 2023, the Reporting Person transferred 30,001 vested RSUs to a family trust of which the Reporting Person is trustee. |
| F2 | Includes 68,310 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 | These restricted stock units, which convert into common stock on a one-for-one basis, vest on 4/7/2024 in two equal tranches, except as otherwise provided in the award notice. 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. |
| F4 | (Continued from footnote 3) 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. |
| F5 | This option is fully exercisable as of the date of this report. |