SEC Form 4 · accession 0001214659-17-005326
VerifyMe, Inc. · VRME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence G Schafran
Director
Period of report
Jun 30, 2017
Accepted (ET)
Aug 28, 2017 · 4:05 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 30, 2017 | A | 375,375 | — | A | 375,375 | D | |
| Common StockF2 | Jul 24, 2017 | A | 625,625 | — | A | 1,001,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants (right to buy)F1,F3 | $0.15 | Jun 30, 2017 | A | 375,375 | A | — | — | Common Stock | 375,375 | 375,375 | D |
| Warrants (right to buy)F2,F3 | $0.15 | Jul 24, 2017 | A | 625,625 | A | — | — | Common Stock | 625,625 | 625,625 | D |
Explanation of responses
- F1The reporting person acquired the securities in a private placement and paid $26,250 for the common stock and warrants on the Transaction Date of June 30, 2017.
- F2The reporting person acquired the securities in a private placement and paid $43,750 for the common stock and warrants on the Transaction Date of July 24, 2017.
- F3Exercisable on the Transaction date. The expiration date on the warrants is five years from the Transaction Date.