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<?xml version="1.0" encoding="windows-1252"?> |
<ownershipDocument> |
| <schemaVersion> X0508 </schemaVersion> |
| <documentType> 4 </documentType> |
| <periodOfReport> 2024-03-25 </periodOfReport> |
| <issuer> |
| | <issuerCik> 0001104038 </issuerCik> |
| | <issuerName> VerifyMe, Inc. </issuerName> |
| | <issuerTradingSymbol> VRME </issuerTradingSymbol> |
| | </issuer> |
| <reportingOwner> |
| | <reportingOwnerId> |
| | | <rptOwnerCik> 0001090307 </rptOwnerCik> |
| | | <rptOwnerName> LAFFER ARTHUR B </rptOwnerName> |
| | | </reportingOwnerId> |
| | <reportingOwnerAddress> |
| | | <rptOwnerStreet1> C/O VERIFYME, INC. </rptOwnerStreet1> |
| | | <rptOwnerStreet2> 801 INTERNATIONAL PARKWAY, FIFTH FLOOR </rptOwnerStreet2> |
| | | <rptOwnerCity> LAKE MARY </rptOwnerCity> |
| | | <rptOwnerState> FL </rptOwnerState> |
| | | <rptOwnerZipCode> 32746 </rptOwnerZipCode> |
| | | <rptOwnerStateDescription></rptOwnerStateDescription> |
| | | </reportingOwnerAddress> |
| | <reportingOwnerRelationship> |
| | | <isDirector> 1 </isDirector> |
| | | <isOfficer> 0 </isOfficer> |
| | | <isTenPercentOwner> 0 </isTenPercentOwner> |
| | | <isOther> 0 </isOther> |
| | | </reportingOwnerRelationship> |
| | </reportingOwner> |
| <aff10b5One> 0 </aff10b5One> |
| <nonDerivativeTable> |
| | <nonDerivativeTransaction> |
| | | <securityTitle> |
| <value> Common Stock, par value $0.001 </value> |
| </securityTitle> |
| | | <transactionDate> |
| <value> 2024-03-25 </value> |
| </transactionDate> |
| | | <transactionCoding> |
| <transactionFormType> 4 </transactionFormType> |
| <transactionCode> P </transactionCode> |
| <equitySwapInvolved> 0 </equitySwapInvolved> |
| </transactionCoding> |
| | | <transactionAmounts> |
| <transactionShares> |
| <value> 7394.825 </value> |
| </transactionShares> |
| <transactionPricePerShare> |
| <value> 1.357 </value> |
| <footnoteId id="F1"/> |
| </transactionPricePerShare> |
| <transactionAcquiredDisposedCode> |
| <value> A </value> |
| </transactionAcquiredDisposedCode> |
| </transactionAmounts> |
| | | <postTransactionAmounts> |
| <sharesOwnedFollowingTransaction> |
| <value> 279910.825 </value> |
| <footnoteId id="F2"/> |
| </sharesOwnedFollowingTransaction> |
| </postTransactionAmounts> |
| | | <ownershipNature> |
| <directOrIndirectOwnership> |
| <value> D </value> |
| </directOrIndirectOwnership> |
| </ownershipNature> |
| | | </nonDerivativeTransaction> |
| | <nonDerivativeTransaction> |
| | | <securityTitle> |
| <value> Common Stock, par value $0.001 </value> |
| </securityTitle> |
| | | <transactionDate> |
| <value> 2024-03-25 </value> |
| </transactionDate> |
| | | <transactionCoding> |
| <transactionFormType> 4 </transactionFormType> |
| <transactionCode> P </transactionCode> |
| <equitySwapInvolved> 0 </equitySwapInvolved> |
| </transactionCoding> |
| | | <transactionAmounts> |
| <transactionShares> |
| <value> 3700 </value> |
| </transactionShares> |
| <transactionPricePerShare> |
| <value> 1.369 </value> |
| </transactionPricePerShare> |
| <transactionAcquiredDisposedCode> |
| <value> A </value> |
| </transactionAcquiredDisposedCode> |
| </transactionAmounts> |
| | | <postTransactionAmounts> |
| <sharesOwnedFollowingTransaction> |
| <value> 47925 </value> |
| </sharesOwnedFollowingTransaction> |
| </postTransactionAmounts> |
| | | <ownershipNature> |
| <directOrIndirectOwnership> |
| <value> I </value> |
| </directOrIndirectOwnership> |
| <natureOfOwnership> |
| <value> By Jama Land, LLC </value> |
| <footnoteId id="F3"/> |
| </natureOfOwnership> |
| </ownershipNature> |
| | | </nonDerivativeTransaction> |
| | </nonDerivativeTable> |
| <derivativeTable> |
| | <derivativeHolding> |
| | | <securityTitle> |
| <value> Stock Option (Right to Buy) </value> |
| </securityTitle> |
| | | <conversionOrExercisePrice> |
| <value> 4.025 </value> |
| </conversionOrExercisePrice> |
| | | <exerciseDate> |
| <footnoteId id="F4"/> |
| </exerciseDate> |
| | | <expirationDate> |
| <value> 2025-04-16 </value> |
| </expirationDate> |
| | | <underlyingSecurity> |
| <underlyingSecurityTitle> |
| <value> Common Stock, par value $0.001 </value> |
| </underlyingSecurityTitle> |
| <underlyingSecurityShares> |
| <value> 3000 </value> |
| </underlyingSecurityShares> |
| </underlyingSecurity> |
| | | <postTransactionAmounts> |
| <sharesOwnedFollowingTransaction> |
| <value> 3000 </value> |
| </sharesOwnedFollowingTransaction> |
| </postTransactionAmounts> |
| | | <ownershipNature> |
| <directOrIndirectOwnership> |
| <value> D </value> |
| </directOrIndirectOwnership> |
| </ownershipNature> |
| | | </derivativeHolding> |
| | <derivativeHolding> |
| | | <securityTitle> |
| <value> Stock Option (Right to Buy) </value> |
| </securityTitle> |
| | | <conversionOrExercisePrice> |
| <value> 3.505 </value> |
| </conversionOrExercisePrice> |
| | | <exerciseDate> |
| <footnoteId id="F4"/> |
| </exerciseDate> |
| | | <expirationDate> |
| <value> 2025-01-07 </value> |
| </expirationDate> |
| | | <underlyingSecurity> |
| <underlyingSecurityTitle> |
| <value> Common Stock, par value $0.001 </value> |
| </underlyingSecurityTitle> |
| <underlyingSecurityShares> |
| <value> 10000 </value> |
| </underlyingSecurityShares> |
| </underlyingSecurity> |
| | | <postTransactionAmounts> |
| <sharesOwnedFollowingTransaction> |
| <value> 10000 </value> |
| </sharesOwnedFollowingTransaction> |
| </postTransactionAmounts> |
| | | <ownershipNature> |
| <directOrIndirectOwnership> |
| <value> D </value> |
| </directOrIndirectOwnership> |
| </ownershipNature> |
| | | </derivativeHolding> |
| | <derivativeHolding> |
| | | <securityTitle> |
| <value> Stock Option (Right to Buy) </value> |
| </securityTitle> |
| | | <conversionOrExercisePrice> |
| <value> 3.505 </value> |
| </conversionOrExercisePrice> |
| | | <exerciseDate> |
| <footnoteId id="F4"/> |
| </exerciseDate> |
| | | <expirationDate> |
| <value> 2025-01-07 </value> |
| </expirationDate> |
| | | <underlyingSecurity> |
| <underlyingSecurityTitle> |
| <value> Common Stock, par value $0.001 </value> |
| </underlyingSecurityTitle> |
| <underlyingSecurityShares> |
| <value> 10000 </value> |
| </underlyingSecurityShares> |
| </underlyingSecurity> |
| | | <postTransactionAmounts> |
| <sharesOwnedFollowingTransaction> |
| <value> 10000 </value> |
| </sharesOwnedFollowingTransaction> |
| </postTransactionAmounts> |
| | | <ownershipNature> |
| <directOrIndirectOwnership> |
| <value> D </value> |
| </directOrIndirectOwnership> |
| </ownershipNature> |
| | | </derivativeHolding> |
| | <derivativeHolding> |
| | | <securityTitle> |
| <value> Warrant (Right to Buy) </value> |
| </securityTitle> |
| | | <conversionOrExercisePrice> |
| <value> 3.215 </value> |
| </conversionOrExercisePrice> |
| | | <exerciseDate> |
| <value> 2022-10-14 </value> |
| </exerciseDate> |
| | | <expirationDate> |
| <value> 2027-10-14 </value> |
| </expirationDate> |
| | | <underlyingSecurity> |
| <underlyingSecurityTitle> |
| <value> Common Stock, par value $0.001 </value> |
| </underlyingSecurityTitle> |
| <underlyingSecurityShares> |
| <value> 31104 </value> |
| </underlyingSecurityShares> |
| </underlyingSecurity> |
| | | <postTransactionAmounts> |
| <sharesOwnedFollowingTransaction> |
| <value> 31104 </value> |
| </sharesOwnedFollowingTransaction> |
| </postTransactionAmounts> |
| | | <ownershipNature> |
| <directOrIndirectOwnership> |
| <value> I </value> |
| </directOrIndirectOwnership> |
| <natureOfOwnership> |
| <value> By Jama Land, LLC </value> |
| <footnoteId id="F3"/> |
| </natureOfOwnership> |
| </ownershipNature> |
| | | </derivativeHolding> |
| | <derivativeHolding> |
| | | <securityTitle> |
| <value> Warrant (Right to Buy) </value> |
| </securityTitle> |
| | | <conversionOrExercisePrice> |
| <value> 4.6 </value> |
| </conversionOrExercisePrice> |
| | | <exerciseDate> |
| <value> 2020-06-22 </value> |
| </exerciseDate> |
| | | <expirationDate> |
| <value> 2025-06-22 </value> |
| </expirationDate> |
| | | <underlyingSecurity> |
| <underlyingSecurityTitle> |
| <value> Common Stock, par value $0.001 </value> |
| </underlyingSecurityTitle> |
| <underlyingSecurityShares> |
| <value> 10800 </value> |
| </underlyingSecurityShares> |
| </underlyingSecurity> |
| | | <postTransactionAmounts> |
| <sharesOwnedFollowingTransaction> |
| <value> 10800 </value> |
| </sharesOwnedFollowingTransaction> |
| </postTransactionAmounts> |
| | | <ownershipNature> |
| <directOrIndirectOwnership> |
| <value> D </value> |
| </directOrIndirectOwnership> |
| </ownershipNature> |
| | | </derivativeHolding> |
| | <derivativeHolding> |
| | | <securityTitle> |
| <value> Warrant (Right to Buy) </value> |
| </securityTitle> |
| | | <conversionOrExercisePrice> |
| <value> 4.6 </value> |
| </conversionOrExercisePrice> |
| | | <exerciseDate> |
| <value> 2020-06-22 </value> |
| </exerciseDate> |
| | | <expirationDate> |
| <value> 2025-06-22 </value> |
| </expirationDate> |
| | | <underlyingSecurity> |
| <underlyingSecurityTitle> |
| <value> Common Stock, par value $0.001 </value> |
| </underlyingSecurityTitle> |
| <underlyingSecurityShares> |
| <value> 25600 </value> |
| </underlyingSecurityShares> |
| </underlyingSecurity> |
| | | <postTransactionAmounts> |
| <sharesOwnedFollowingTransaction> |
| <value> 25600 </value> |
| </sharesOwnedFollowingTransaction> |
| </postTransactionAmounts> |
| | | <ownershipNature> |
| <directOrIndirectOwnership> |
| <value> D </value> |
| </directOrIndirectOwnership> |
| </ownershipNature> |
| | | </derivativeHolding> |
| | </derivativeTable> |
| <footnotes> |
| | <footnote id="F1"> The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.3532 to $1.36. Mr. Laffer undertakes to provide VerifyMe, Inc., any security holder of VerifyMe, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. </footnote> |
| | <footnote id="F2"> Includes (i) 86,806 shares of restricted stock that vest on 6/7/2024 and (ii) 89,310 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. </footnote> |
| | <footnote id="F3"> Mr. Laffer is a Managing Member of Jama Land, LLC. </footnote> |
| | <footnote id="F4"> This option is fully exercisable as of the date of this report. </footnote> |
| | </footnotes> |
| <ownerSignature> |
| | <signatureName> /s/ Nancy Meyers, Attorney-in-Fact for Arthur B. Laffer </signatureName> |
| | <signatureDate> 2024-03-26 </signatureDate> |
| | </ownerSignature> |
| </ownershipDocument> |