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authID Inc. Director's Dealing 2018

Dec 6, 2018

34633_dirs_2018-12-06_4bcf909c-5715-4d50-ac88-5ccf8c11be0a.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: 2018-12-03

Reporting Person: STERN THEODORE (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-12-04 Common Stock, $0.0001 par value per share G 2200000 $0.10 Disposed 4885445 Direct
2018-12-03 Common Stock, $0.0001 par value per share A 578778 $0.0001 Acquired 7085445 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, $0.0001 par value per share 8166667 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Common Stock Purchase Warrant $0.10 2021-04-19 Common Stock, $0.0001 par value per share (1000000) 1000000 Direct
Interest Shares $0.20 Common Stock, $0.0001 par value per share (1733335) 1733335 Indirect

Footnotes

F1: On December 4, 2018, Theodore Stern gifted 2,200,000 shares of common stock to the Jewish Federation of Greater Pittsburgh.

F2: On December 3, 2018, Mr. Stern and Ipsidy Inc. entered into a Restricted Stock Agreement pursuant to which Mr. Stern acquired 578,778 shares of common stock in connection with his service as a director.

F3: Shares of common stock are held by the Theodore Stern Revocable Trust (the "Trust").

F4: 1,733,335 shares of common stock that may be issued upon the conversion of interest accrued at $0.20 per share as of August 9, 2018 under that certain Unsecured Promissory Note in the principal amount as of the date hereof $2,000,000 issued to the Trust.