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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.