authID Inc. — Director's Dealing 2021

Nov 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ipsidy Inc. (AUID)
CIK: 0001534154
Period of Report: 2021-11-05

Reporting Person: Kumnick Phillip L (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-05	Stock Options	$7.20	D	300000	Disposed	2031-05-05	Common Stock, $0.0001 par value per share (292351)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.0001 par value	121425	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$2.10	2025-05-22	Common Stock, $0.0001 par value per share (1111111)	1111111	Direct
Stock Options	$1.65	2029-12-10	Common Stock, $0.0001 par value per share (100000)	100000	Direct

Footnotes

F1: Includes the right to acquire 50,000 shares of common stock at par value subject to the certain vesting criteria which shares were granted on March 6, 2020 pursuant to a Restricted Stock Purchase Agreement.

F2: On November 5, 2021, the Company and Mr. Kumnick entered into a letter agreement pursuant to which Mr. Kumnick agreed to cancel 300,000 shares of common stock under the Non-Statutory Option dated May 5, 2021 in consideration of removing certain service conditions.