AI assistant
authID Inc. — Director's Dealing 2021
Aug 27, 2021
34633_dirs_2021-08-27_f6448fc7-4b51-4f9f-9d50-46e306c3e3ea.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Ipsidy Inc. (AUID)
CIK: 0001534154
Period of Report: 2021-08-26
Reporting Person: Kumnick Phillip L (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-26 | Common Stock, $.0001 par value | P | 71425 | $7.00 | Acquired | 121425 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options | $7.20 | 2031-05-05 | Common Stock, $0.0001 par value per share (592351) | 592351 | Direct |
| 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 March 6, 2020, the option granted to Mr. Kumnick on December 10, 2019 to purchase 100,000 shares of common stock vesting over a three-year period was amended to provide that it will vest in full prior to the occurrence of time-based vesting, in the event of a Change of Control.
F3: On May 5, 2021, the Company granted Mr. Kumnick a Non-Statutory Option to acquire 592,351 shares of common stock at an exercise price of $7.20 per share with 9,017 shares vesting upon grant of Non-Statutory Option and 583,333 shares of common stock underlying the stock options vesting subject to various performance conditions.