SEC Form 3 · accession 0001140361-15-042916
VerifyMe, Inc. · VRME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Donfried
Officer — Chief Executive Officer · Director
Period of report
May 5, 2015
Accepted (ET)
Nov 25, 2015 · 4:27 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 | — | — | — | 300,000 | 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 | 500,000 | — | D |
Explanation of responses
- F1100,000 shares of common stock underlying the restricted stock unit vest on June 12, 2016. The remaining 200,000 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.