SEC Form 4 · accession 0001214659-18-002256
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
Mar 16, 2018
Accepted (ET)
Mar 20, 2018 · 4:00 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 | Mar 16, 2018 | M | 615,000 | $0.10 | A | 7,712,146 | I | By Laurence J. Blickman '91 Trust |
| Common Stock | holding | — | — | — | 5,158,381 | I | By Laurence J. Blickman Defined Benefit Plan | |
| Common Stock | holding | — | — | — | 1,156,529 | I | By Laurence J. Blickman SEP IRA | |
| Common Stock | holding | — | — | — | 614,303 | I | By Blickman 2005 Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF1 | $0.10 | Mar 16, 2018 | M | 615,000 | D | Jun 30, 2017 | Jun 30, 2022 | Common Stock | 615,000 | 1,779,039 | I |
Explanation of responses
- F1The 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 and exercise were exempt under Rule 16b-3 and Rule 16b-6.