SEC Form 4 · accession 0001214659-18-000601
VerifyMe, Inc. · VRME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laurence J Blickman
Director · 10% Owner
Period of report
Jan 19, 2018
Accepted (ET)
Jan 23, 2018 · 4:05 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 |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 19, 2018 | A | 427,087 | $0.07 | A | 729,442 | I | By Laurence J. Blickman SEP IRA |
| Common Stock | Jan 19, 2018 | A | 284,724 | $0.07 | A | 2,844,485 | I | By Laurence J. Blickman Defined Benefit Plan |
| Common Stock | holding | — | — | — | 6,495,965 | I | By Laurence J. Blickman '91 Trust | |
| Common Stock | holding | — | — | — | 490,503 | I | By Blickman 2005 Family Trust | |
| Common Stock | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants | $0.15 | Jan 19, 2018 | A | 427,087 | A | Jan 19, 2018 | Jan 19, 2023 | Common Stock | 427,087 | 427,087 | I |
| Warrants | $0.15 | Jan 19, 2018 | A | 284,724 | A | Jan 19, 2018 | Jan 19, 2023 | Common Stock | 284,724 | 284,724 | I |
Remarks
The issuance of the shares and warrants were pre-approved by a committee of non-employee members of the issuer's Board of Directors and the purchase was exempt under Rule 16b-3 and Rule 16b-6.