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authID Inc. — Director's Dealing 2017
Nov 9, 2017
34633_dirs_2017-11-09_548f6418-1e45-43df-b73e-9f92909e7e53.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Ipsidy Inc. (IDGS)
CIK: 0001534154
Period of Report: 2017-11-08
Reporting Person: STERN THEODORE (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-08 | Common Stock, $0.0001 par value per share | G | 4500000 | — | Disposed | 0 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.0001 par value per share | 13495890 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Common Stock Purchase Warrant | $0.1 | 2021-04-19 | Common Stock (1000000) | 1000000 | Direct |
| Interest Shares | $0.20 | Common Stock (1400000) | 1400000 | Indirect |
Footnotes
F1: 1,400,000 shares of common stock that may be issued upon the conversion of interest accrued at $0.20 per share as of September 30, 2017 under that certain Unsecured Promissory Note due January 31, 2019 in the principal amount of $3,000,000 issued to the Theodore Stern Revocable Trust.
F2: On November 8, 2017, Theodore Stern Revocable Trust assigned 4,500,000 shares of common stock to the Theodore Stern Charitable Lead Annuity Trust, DTD 11/08/2017, C/O Jewish Community Foundation (the "Charitable Trust"). Mr. Stern has no control over the Charitable Trust.