SEC Form 3 · accession 0000899243-15-008382
VerifyMe, Inc. · VRME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ben Burrell
Officer — Chief Operating Officer
Period of report
Jul 9, 2015
Accepted (ET)
Nov 18, 2015 · 4:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001104038
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1 | holding | — | — | — | 225,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $0.01 | holding | — | — | — | — | Jun 12, 2020 | Common Stock | 375,000 | — | D |
Explanation of responses
- F175,000 shares of common stock underlying the restricted stock unit vest on June 12, 2016. The remaining 150,000 shares of common stock underlying the restricted stock unit vest in four equal bi-annual installments beginning on December 12, 2016.
- F2The option is exercisable in equal quarterly installments over a three-year term beginning on June 12, 2015.