Sec Form 4 Filing - Gardner Christopher P @ VerifyMe, Inc. - 2020-08-05

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Gardner Christopher P
2. Issuer Name and Ticker or Trading Symbol
VerifyMe, Inc. [ VRME]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O VERIFYME, INC., 75 S. CLINTON AVENUE, SUITE 510
3. Date of Earliest Transaction (MM/DD/YY)
08/05/2020
(Street)
ROCHESTER, NY14604
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.001 per share 08/05/2020 A( 1 ) 15,000 ( 1 ) A $ 0 40,809 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $ 3.505 ( 2 ) 01/07/2025 Common Stock, par value $0.001 per share 10,000 10,000 D
Stock Option (Right to Buy) $ 3.505 ( 3 ) 01/07/2025 Common Stock, par value $0.001 per share 10,000 10,000 D
Warrant (Right to Buy) $ 4.6 06/22/2020 06/22/2025 Common Stock, par value $0.001 per share 16,009 16,009 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Gardner Christopher P
C/O VERIFYME, INC.
75 S. CLINTON AVENUE, SUITE 510
ROCHESTER, NY14604
X
Signatures
/s/ Norman Gardner, Attorney-in-fact for Christopher P. Gardner 08/07/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This time-vested restricted stock award was granted under the VerifyMe, Inc. 2013 Omnibus Equity Compensation Plan in a transaction exempt under Rule 16b-3.
( 2 )This option vested 25% on each of March 31, 2020 and June 30, 2020 and vests 25% on each of September 30, 2020 and December 31, 2020.
( 3 )This option has fully vested as of the date of this report.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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