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authID Inc. — Director's Dealing 2020
Mar 10, 2020
34633_dirs_2020-03-10_dfde70a1-c2bf-4e13-8465-3141f83b8956.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: 2020-03-06
Reporting Person: Kumnick Phillip L (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-06 | Common Stock, $.0001 par value | A | 1500000 | $.0001 | Acquired | 1500000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options | $0.055 | 2029-12-10 | Common Stock, $0.0001 par value per share (3000000) | 3000000 | Direct |
Footnotes
F1: On March 6, 2020, the Company entered into a Restricted Stock Purchase Agreement with Mr. Kumnick providing Mr. Kumnick with the right to acquire 1,500,000 shares of common stock at par value subject to the certain vesting criteria.
F2: On March 6, 2020, the option granted to Mr. Kumnick on December 10, 2019 to purchase 3,000,000 shares of common stock vesting over a three-year period was amended to provide that it will vest in full if prior to the occurrence of time-based vesting there occurs a Change of Control.
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