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authID Inc. — Director's Dealing 2020
Oct 9, 2020
34633_dirs_2020-10-09_cedf614f-cbd5-4821-911c-6df499f32517.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: 2020-10-07
Reporting Person: White Christopher Eric (Chief Technology Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-10-07 | Stock Options | $0.0925 | A | 2500000 | Acquired | 2030-10-07 | Common Stock, $0.0001 par value per share (2500000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $.0001 par value | 750000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options | $0.119 | 2029-05-28 | Common Stock, $0.0001 par value per share (250000) | 250000 | Direct |
Footnotes
F1: Shares of common stock vest one-third each on June 3, 2019, 2020, 2021 subject to Mr. White's continued employment.
F2: The Stock Options vest with respect to one-third of the shares of common stock on each of October 7, 2021, 2022 and 2023 subject to Mr. White's continued employment.
F3: The shares of common stock under the Stock Options vest as follows: (a) 125,000 upon achievement of agreed performance goals and (b) 125,000 as to one-third on each of February 18, 2020, 2021 and 2022.
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