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authID Inc. — Director's Dealing 2019
Dec 16, 2019
34633_dirs_2019-12-16_0255fcb4-9655-4aa9-8ccb-9f54fa8ba25b.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: 2019-12-13
Reporting Person: Beck Philip D (Director, CEO, Pres. and Chairman, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-12-13 | 8% Convertible Note | $0.08 | A | Acquired | 2021-11-30 | Common Stock, $0.0001 par value per share (312500) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $.0001 par value | 625000 | Indirect |
| Common Stock, $.0001 par value | 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: Shares held by an individual retirement 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.