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authID Inc. Director's Dealing 2021

Aug 27, 2021

34633_dirs_2021-08-27_f6448fc7-4b51-4f9f-9d50-46e306c3e3ea.zip

Director's Dealing

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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.