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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.