0001062993-24-012890.txt : 20240621
0001062993-24-012890.hdr.sgml : 20240621
20240621163054
ACCESSION NUMBER: 0001062993-24-012890
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240619
FILED AS OF DATE: 20240621
DATE AS OF CHANGE: 20240621
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Stedham Adam H
CENTRAL INDEX KEY: 0001723447
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39332
FILM NUMBER: 241060932
MAIL ADDRESS:
STREET 1: GP STRATEGIES CORPORATION
STREET 2: 11000 BROKEN LAND PARKWAY, SUITE 200
CITY: COLUMBIA
STATE: MD
ZIP: 21044
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: VerifyMe, Inc.
CENTRAL INDEX KEY: 0001104038
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 233023677
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 801 INTERNATIONAL PARKWAY
STREET 2: FIFTH FLOOR
CITY: LAKE MARY
STATE: FL
ZIP: 32746
BUSINESS PHONE: 585-736-9400
MAIL ADDRESS:
STREET 1: 801 INTERNATIONAL PARKWAY
STREET 2: FIFTH FLOOR
CITY: LAKE MARY
STATE: FL
ZIP: 32746
FORMER COMPANY:
FORMER CONFORMED NAME: LASERLOCK TECHNOLOGIES INC
DATE OF NAME CHANGE: 20001004
4
1
form4.xml
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
X0508
4
2024-06-19
0001104038
VerifyMe, Inc.
VRME
0001723447
Stedham Adam H
C/O VERIFYME, INC.
801 INTERNATIONAL PARKWAY, FIFTH FLOOR
LAKE MARY
FL
32746
1
1
0
0
CEO and President
0
Common Stock, par value $0.001 per share
2024-06-19
4
M
0
68027
0
A
237936
D
Common Stock, par value $0.001 per share
2024-06-19
4
F
0
29932
1.53
D
208004
D
Restricted Stock Units
0
2024-06-19
4
M
0
68027
0
D
Common Stock, par value $0.001 per share
68027
136055
D
Restricted Stock Units
0
Common Stock, par value $0.001 per share
550000
550000
D
8% Convertible Promissory Note due 2026
1.15
2023-08-25
2026-08-25
Common Stock, par value $0.001 per share
152174
175000
D
These restricted stock units convert into common stock on a one-for-one basis.
Includes 28,592 vested restricted stock units that become payable, on a one-for-one basis, in shares of common stock of VerifyMe, Inc. upon separation of the Reporting Person's service as a director.
Shares withheld to cover tax withholding obligations on the vesting of restricted stock units.
These restricted stock units vested one-third on 6/19/2024 and the balance vests in substantially equal installments on each of 6/19/2025 and 6/19/2026, except as otherwise provided in the award notice.
These restricted stock units vest in three tranches, except as otherwise provided in the award notice. Tranche 1 will vest 150,000 shares of common stock on or after the first anniversary of the grant date if the price of the Issuer's common stock is $2.21 per share and trades at or above that price for 20 consecutive days. Tranche 2 will vest 200,000 shares of common stock on or after the second anniversary of the grant date if the Issuer's common stock trades at or above $2.94 per share for 20 consecutive trading days. Tranche 3 will vest 200,000 shares of common stock on the fourth anniversary of the grant date if the Issuer's common stock trades at or above $3.68 per share for 20 consecutive trading days.
/s/ Nancy Meyers, Attorney-in-Fact for Adam Stedham
2024-06-21