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authID Inc. Director's Dealing 2018

Nov 29, 2018

34633_dirs_2018-11-29_feb8ac8d-6cb7-4bdf-9ecc-67cc57d27029.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ipsidy Inc. (IDTY)
CIK: 0001534154
Period of Report: 2018-11-28

Reporting Person: Beck Philip D (Director, CEO, Pres. and Chairman, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-11-29 Common Stock, $.0001 par value P 500000 $0.11 Acquired 16500000 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options $0.10 2027-01-31 Common Stock, $0.0001 par value per share (15000000) 15000000 Direct
Stock Options $0.05 2026-08-10 Common Stock, $0.0001 par value per share (20000000) 20000000 Indirect

Footnotes

F1: Mr. Beck purchased 500,000 shares of common stock through his IRA account.

F2: Includes 15,000,000 shares of common stock acquired by Mr. Beck in accordance with a restricted stock purchase agreement, which shares vest upon Mr. Beck achieving certain milestones.

F3: The Stock Options vest with respect to (i) one-third of the shares of common stock upon January 31, 2017 and (ii) in 24 equal monthly tranches commencing on the January 31, 2017.

F4: Represents a stock option to acquire 20,000,000 shares of common stock at $0.05 per share held by Parity Labs LLC, a private consulting firm which is principally owned by Mr. Beck.