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authID Inc. Director's Dealing 2018

May 2, 2018

34633_dirs_2018-05-02_516885df-d6b7-450d-b9aa-f65dfcfe4721.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: 2018-04-30

Reporting Person: STERN THEODORE (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-04-30 Common Stock, $0.0001 par value per share A 1500000 $0.28 Acquired 1500000 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, $0.0001 par value per share 6506667 Direct

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 (1875000) 1875000 Indirect

Footnotes

F1: 1,875,000 shares of common stock that may be issued upon the conversion of interest accrued at $0.20 per share as of December 31, 2017 under that certain Unsecured Promissory Note in the principal amount of $3,000,000 (the "Note") issued to the Theodore Stern Revocable Trust (the "Trust").

F2: On April 30, 2018, in consideration of extending the maturity date of the Note held by the Trust to April 30, 2020 and other consideration, the Company issued the Trust 1,500,000 shares of common stock.