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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

GELLER MARSHALL S
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/YYYY)

12/14/2022
(Street)

ROCHESTER, NY 14604
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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         81002 (1)D  
Common Stock, par value $0.001 12/14/2022  P  63 A$1.12 243771 I By Marshall & Patricia Geller Living Trust 
Common Stock, par value $0.001 12/15/2022  P  300 A$1.16 (2)244071 I By Marshall & Patricia Geller Living Trust 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Warrant (Right to Buy) $3.215           10/14/2022 10/14/2027 Common Stock, par value $0.001 31104  31104 I By Marshall & Patricia Geller Living Trust 
Restricted Stock Units $0 (3)(4)           (3)(4) (3)(4)Common Stock, par value $0.001 30000  30000 D  
Restricted Stock Units $0 (5)           (5) (5)Common Stock, par value $0.001 39308  39308 D  
Stock Option (Right to Buy) $5.295            (6)5/27/2025 Common Stock, par value $0.001 3000  3000 I By Marshall & Patricia Geller Living Trust 
Stock Option (Right to Buy) $3.505            (6)1/7/2025 Common Stock, par value $0.001 10000  10000 I By Marshall & Patricia Geller Living Trust 
Stock Option (Right to Buy) $3.505            (6)1/7/2025 Common Stock, par value $0.001 10000  10000 I By Marshall & Patricia Geller Living Trust 
Warrant (Right to Buy) $4.6           6/22/2020 6/22/2025 Common Stock, par value $0.001 7000  7000 D  
Warrant (Right to Buy) $4.6           6/22/2020 6/22/2025 Common Stock, par value $0.001 31941  31941 I By Marshall & Patricia Geller Living Trust 
Warrant (Right to Buy) $7.5            (7)1/3/2023 Common Stock, par value $0.001 14300  14300 I By Marshall & Patricia Geller Living Trust 

Explanation of Responses:
(1) Includes 29,002 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.
(2) The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.11 to $1.17. Mr. Geller 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.
(3) These restricted stock units, which convert into common stock on a one-for-one basis, vest on 4/7/2024 in two equal tranches, except as otherwise provided in the award notice. Tranch 1 will vest on the second anniversary of the date of grant if the issuer's common stock during such period was at or above $5.00 for 20 consecutive trading days. In the event that the issuer's common stock during such period does not reach $5.00 for 20 consecutive trading days, Tranch 1 will vest on the third anniversary of the date of grant if the issuer's common stock during such period was at or above $5.00 for 20 consecutive trading days.
(4) (Continued from footnote 3) Tranch 2 will vest on the second anniversary of the date of grant if the issuer's common stock during such period was at or above $7.00 for 20 consecutive trading days. In the event that the issuer's common stock during such period does not reach $7.00 for 20 consecutive trading days, Tranch 2 will vest on the third anniversary of the date of grant if the issuer's common stock during such period was at or above $7.00 for 20 consecutive trading days.
(5) These restricted stock units, which convert into common stock on a one-for-one basis, vest on 1/1/2023, except as otherwise provided in the award notice, subject to continuous service as a member of the board of directors, and become payable upon separation of the Reporting Person's service as a director.
(6) This option is fully exercisable as of the date of this report.
(7) This warrant is fully exercisable as of the date of this report.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
GELLER MARSHALL S
C/O VERIFYME, INC.
75 S. CLINTON AVENUE, SUITE 510
ROCHESTER, NY 14604
X



Signatures
/s/ Margaret Gezerlis, Attorney-in-Fact for Marshall S. Geller12/16/2022
**Signature of Reporting PersonDate


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).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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