SEC Form 4 · accession 0001214659-18-002766
VerifyMe, Inc. · VRME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Laurence J Blickman
Director · 10% Owner
Period of report
Apr 10, 2018
Accepted (ET)
Apr 12, 2018 · 4:09 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 | Apr 10, 2018 | A | 93,976 | — | A | 7,806,122 | I | By Laurence J. Blickman '91 Trust |
| Common StockF1 | Apr 10, 2018 | A | 36,578 | — | A | 650,881 | I | By Blickman 2005 Family Trust |
| Common StockF2 | Apr 10, 2018 | X | 52,355 | $0.10 | A | 7,858,477 | I | By Laurence J. Blickman '91 Trust |
| Common StockF2 | Apr 10, 2018 | X | 9,354 | $0.10 | A | 7,867,831 | I | By Laurence J. Blickman '91 Trust |
| Common StockF2 | Apr 10, 2018 | X | 23,545 | $0.10 | A | 674,426 | I | By Blickman 2005 Family Trust |
| Common Stock | holding | — | — | — | 1,156,529 | I | By Laurence J. Blickman SEP IRA | |
| Common Stock | holding | — | — | — | 5,158,381 | I | By Laurence J. Blickman Defined Benefit Plan |
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 | Apr 10, 2018 | A | 52,355 | A | Jun 30, 2017 | Jun 30, 2022 | Common Stock | 52,355 | 52,355 | I |
| Warrants | $0.15 | Apr 10, 2018 | A | 9,354 | A | Oct 9, 2014 | Oct 9, 2019 | Common Stock | 9,354 | 9,354 | I |
| Warrants | $0.15 | Apr 10, 2018 | A | 23,545 | A | Jun 30, 2017 | Jun 30, 2022 | Common Stock | 23,545 | 23,545 | I |
| WarrantsF2,F3 | $0.10 | Apr 10, 2018 | X | 52,355 | D | Jun 30, 2017 | Jun 30, 2022 | Common Stock | 52,355 | 0 | I |
| WarrantsF2,F3 | $0.10 | Apr 10, 2018 | X | 9,354 | D | Oct 9, 2014 | Oct 9, 2019 | Common Stock | 9,354 | 0 | I |
| WarrantsF2,F3 | $0.10 | Apr 10, 2018 | X | 23,545 | D | Jun 30, 2017 | Jun 30, 2022 | Common Stock | 23,545 | 0 | I |
Explanation of responses
- F1The Reporting Person acquired the shares and warrants from the distribution of shares from a fund operated by a third party.
- F2The exercise of the warrants was exempt under Rule 16b-6.
- F3The Reporting Person exercised the warrants at a reduced exercise price of $0.10 per share in accordance with the issuer's warrant reduction program as disclosed in the issuer's Form 8-K's filed on February 25, 2018 and March 22, 2018.