SEC Form 4 · accession 0001214659-18-002327
VerifyMe, Inc. · VRME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl E Berg
Director · 10% Owner
Period of report
Mar 21, 2018
Accepted (ET)
Mar 23, 2018 · 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,F2 | Mar 21, 2018 | X | 5,720,000 | $0.10 | A | 11,440,000 | I | By Berg & Berg Enterprises, LLC |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF1,F2 | $0.10 | Mar 21, 2018 | X | 1,430,000 | D | Aug 31, 2017 | Aug 31, 2022 | Common Stock | 1,430,000 | 0 | I |
| WarrantsF1,F2 | $0.10 | Mar 21, 2018 | X | 1,430,000 | D | Oct 5, 2017 | Oct 5, 2022 | Common Stock | 1,430,000 | 0 | I |
| WarrantsF1,F2 | $0.10 | Mar 21, 2018 | X | 2,860,000 | D | Jan 16, 2018 | Jan 16, 2023 | Common Stock | 2,860,000 | 0 | I |
Explanation of responses
- F1The exercise of warrants is exempt under Rule 16b-6.
- F2The securities are held by Berg & Berg Enterprises, LLC, ("BB") and are beneficially owned by Carl E. Berg, who is the managing member and primary owner of BB.