Replies to post #154114 on Verb Technology Company Inc (VERB)

[Alpert]

Each transaction listed on the Form 4 filing has a transaction code:

General transaction codes

P – Open market or private purchase of securities
S – Open market or private sale of securities
V – Transaction voluntarily reported earlier than required
Rule 16b-3 transaction codes

A – Grant, award, or other acquisition
D – Sale (or disposition) back to the issuer of the securities
F – Payment of exercise price or tax liability by delivering or withholding securities
I – Discretionary transaction, which is an order to the broker to execute the transaction at the best possible price
M – Exercise or conversion of derivative security
Derivative securities codes

C – Conversion of derivative security (usually options)
E – Expiration of short derivative position (usually options)
H – Expiration (or cancellation) of long derivative position with value received (usually options)
O – Exercise of out-of-the-money derivative securities (usually options)
X – Exercise of in-the-money or at-the-money derivatives securities (usually options)
Other sections 16b exempt transactions and small acquisition codes

G – Bona fide gift form of any clauses
L – Small acquisition
W – Acquisition or disposition by will or laws of descent and distribution
Z – Deposit into or withdrawal from voting trust
Other transaction codes

J – Other acquisition or disposition (transaction described in footnotes)
K – Transaction in equity swap or similar instrument
U – Disposition due to a tender of shares in a change of control transaction

[TenKay]

You’re not looking at the transaction code which describes HOW the shares were acquired. That is Box 3...not Box 4.

https://www.sec.gov/about/forms/form4data.pdf

Item 8. provides a description of the transaction codes. “P” is an “open market buy”. “A” is an award, grant or other Section 16 purchase (which covers acquisitions from the company).

[lman24]

Such a basic thing to understand.

They are just hoping to distract people away from verbs growth. Can’t wait until the financials are released. This will rise to $2 once those come out and people see that we are finally starting to make money

[I-Glow]

You don't seem to understand the transaction codes on the Form 4.

In this case the transaction code was A - and that doesn't mean acquired - you are correct about OTCM investors not understanding securities law.

But that is hilarious - thinking the Transaction Code being A means acquired.

Let me provide some edification about the transaction codes.

You posted: "A=acquired=open market."

General transaction codes

P – Open market or private purchase of securities

S – Open market or private sale of securities

V – Transaction voluntarily reported earlier than required

Then we have the following:

Rule 16b-3 transaction codes

A – Grant, award, or other acquisition

D – Sale (or disposition) back to the issuer of the securities

F – Payment of exercise price or tax liability by delivering or withholding securities

As you can see - the Form 4 filed has the Transaction Code - A which means it was Granted, Awarded or other acquisition (but not a open market or private placement).

SMH!

IG