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 * LAFFER ARTHUR B 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)
1/19/2021
(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                 72521 (1) D   

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 Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. 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 Date 7. 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units  $0 (2) 1/19/2021    A     29002       (2)  (2) Common Stock, par value $0.001  29002  $0  29002  D   
Stock Option (Right to Buy)  $4.025                   (3) 4/16/2025  Common Stock, par value $0.001  3000    3000  D   
Stock Option (Right to Buy)  $3.505                   (3) 1/7/2025  Common Stock, par value $0.001  10000    10000  D   
Stock Option (Right to Buy)  $3.505                   (3) 1/7/2025  Common Stock, par value $0.001  10000    10000  D   
Warrant (Right to Buy)  $4.6                  6/22/2020  6/22/2025  Common Stock, par value $0.001  10800    10800  D   
Warrant (Right to Buy)  $4.6                  6/22/2020  6/22/2025  Common Stock, par value $0.001  25600    25600  D   

Explanation of Responses:
(1)  Includes 15,000 shares of time-vested restricted stock that vests in full on August 5, 2021, subject to continuous service as a member of the board of directors.
(2)  These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the VerifyMe, Inc. 2020 Equity Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on 1/19/2022, 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.
(3)  This option has fully vested as of the date of this report.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
LAFFER ARTHUR B
C/O VERIFYME, INC.
75 S. CLINTON AVENUE, SUITE 510
ROCHESTER, NY 14604
X



Signatures
/s/ Norman Gardner, Attorney-in-fact for Arthur Laffer 1/21/2021
**Signature of Reporting Person Date