authID Inc. — Director's Dealing 2020

Jul 2, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ipsidy Inc. (IDTY)
CIK: 0001534154
Period of Report: 2020-06-30

Reporting Person: STERN THEODORE (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-30	Common Stock, $0.0001 par value per share	X	1000000	$0.07	Acquired	5885445	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-30	Common Stock Purchase Warrant	$0.15	P	250000	Acquired	2022-06-30	Common Stock, $0.0001 par value per share (250000)	Direct
2020-06-30	Common Stock Purchase Warrant	$0.07	X	1000000	Disposed	2021-04-19	Common Stock, $0.0001 par value per share (1000000)	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
Amended and Restated Promissory Notes	$0.20	2022-02-28	Common Stock, $0.0001 par value per share (15000000)	15000000	Indirect
15% Convertible Note	$0.2	2022-02-28	Common Stock, $0.0001 par value per share (375000)	375000	Direct
Interest Shares	$0.20		Common Stock, $0.0001 par value per share (3310000)	3310000	Indirect

Footnotes

F1: Shares of common stock are held by the Theodore Stern Revocable Trust (the "Trust").

F2: Represents 3,310,000 shares of common stock that may be issued upon the conversion of interest accrued at $0.20 per share under issued under that certain Unsecured Promissory Note in the principal amount as of the date hereof $2,000,000 issued to the Trust.

F3: On June 30, 2020, Mr. Stern exercised a common stock purchase warrant to acquire 1,000,000 shares of common stock at an exercise price of $0.07 per share in consideration of the issuance a common stock purchase warrant to acquire 250,000 shares of common stock exercisable for $0.15 per share.