SEC Form 3 · accession 0001214659-18-005329

VerifyMe, Inc. · VRME

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Operating Officer

Period of report

Aug 1, 2018

Accepted (ET)

Aug 9, 2018 · 5:07 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 Stock	holding	—	—		—	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options^F1,F2	$0.04	holding	—	—	—	Sep 1, 2017	Sep 1, 2022	Common Stock	2,000,000	—	I
Stock Options^F1,F3	$0.2102	holding	—	—	—	Mar 1, 2018	Mar 1, 2023	Common Stock	1,000,000	—	I

F1The securities are held by POC Advisory Group, LLC ("POC"), and are beneficially owned by the reporting person, who is the managing member and primary owner of POC.
F2The Options shall vest at the rate of 333,333 shares per month, beginning thirty (30) days after the Date Exercisable and each month thereafter until the end of the Term, subject to the Optionee's continued consulting services with the Company on each applicable vesting date, provided that, regardless of the date upon which such Options vest, in no event shall any of the Options be exercisable beyond the Expiration Date.
F3The Options shall vest at the rate of 500,000 options fully vested on the Date Exercisable and 500,000 options shall vest on February 28, 2019, subject to the Optionee's continued consulting services with the Company on the applicable vesting date.