Filing Details

Accession Number:
0000891839-20-000195
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-06-24 16:07:06
Reporting Period:
2020-06-22
Accepted Time:
2020-06-24 16:07:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1104038 Verifyme Inc. VRME () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
925236 S Marshall Geller C/O Verifyme, Inc.
75 S. Clinton Avenue, Suite 510
Rochester NY 14604
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.001 Per Share Acquisiton 2020-06-22 31,941 $3.22 40,841 No 4 A Direct
Common Stock, Par Value $0.001 Per Share Acquisiton 2020-06-22 10,000 $0.00 50,841 No 4 A Direct
Common Stock, Par Value $0.001 Per Share Acquisiton 2020-06-22 7,000 $4.60 106,500 No 4 P Indirect By Marshall & Patricia Geller Living Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 P Indirect By Marshall & Patricia Geller Living Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, Par Value $0.001 Per Share Converitble Debenture due 2021 Disposition 2020-06-22 0 $0.00 63,882 $3.22
Common Stock, Par Value $0.001 Per Share Warrant (Right to Buy) Acquisiton 2020-06-22 31,941 $0.00 31,941 $4.60
Common Stock, Par Value $0.001 Per Share Warrant (Right to Buy) Disposition 2020-06-22 25,000 $0.00 25,000 $7.50
Common Stock, Par Value $0.001 Per Share Warrant (Right to Buy) Acquisiton 2020-06-22 7,000 $4.60 7,000 $4.60
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2020-03-06 2021-09-06 No 4 M Direct
31,941 2020-06-22 2025-06-22 No 4 A Direct
0 2020-03-06 2023-03-06 No 4 D Direct
7,000 2020-06-22 2025-06-22 No 4 P Indirect
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock, Par Value $0.001 Per Share Stock Option (Right to Buy) $5.30 2025-05-27 3,000 3,000 Direct
Common Stock, Par Value $0.001 Per Share Stock Option (Right to Buy) $3.51 2025-01-07 10,000 10,000 Direct
Common Stock, Par Value $0.001 Per Share Stock Option (Right to Buy) $3.51 2025-01-07 10,000 10,000 Direct
Common Stock, Par Value $0.001 Per Share Warrant (Right to Buy) $7.50 2023-01-03 14,300 14,300 Indirect
Common Stock, Par Value $0.001 Per Share Warrant (Right to Buy) $7.50 2022-06-30 22,880 22,880 Indirect
Common Stock, Par Value $0.001 Per Share Warrant (Right to Buy) $7.50 2022-06-30 12,320 12,320 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2025-05-27 3,000 3,000 Direct
2025-01-07 10,000 10,000 Direct
2025-01-07 10,000 10,000 Direct
2023-01-03 14,300 14,300 Indirect
2022-06-30 22,880 22,880 Indirect
2022-06-30 12,320 12,320 Indirect
Footnotes
  1. The convertible debenture due 2021 automatically converted into 31,941 shares of common stock and a warrant to purchase 31,941 shares of common stock in a transaction exempt under Rule 16b-3.
  2. Pursuant to transactions exempt under Rule 16b-3, the warrant was cancelled and Mr. Geller received 0.4 of a share of common stock for each share formerly underlying the cancelled warrant.
  3. These shares and warrants were purchased in the Company's recent underwritten public offering at a price of $4.60 per unit.
  4. This option has fully vested as of the date of this report.
  5. This option vested 25% on March 31, 2020 and June 30, 2020 and vests 25% on each of September 30, 2020 and December 31, 2020.
  6. This warrant has fully vested as of the date of this report.