AI assistant
authID Inc. — Director's Dealing 2021
May 7, 2021
34633_dirs_2021-05-07_9aad1bfc-192f-423c-ae8e-4cf62c639cdc.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: 2021-05-05
Reporting Person: White Christopher Eric (Chief Technology Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-05 | Stock Options | $0.24 | A | 1500000 | Acquired | 2031-05-05 | Common Stock, $0.0001 par value per share (1500000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $.0001 par value | 750000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options | $0.0925 | 2030-10-07 | Common Stock, $0.0001 par value per share (2500000) | 2500000 | Direct |
| Stock Options | $0.119 | 2029-05-28 | Common Stock, $0.0001 par value per share (250000) | 250000 | Direct |
Footnotes
F1: Shares of common stock vest one-third each on June 3, 2019, 2020, 2021 subject to Mr. White's continued employment.
F2: The Stock Options vest with respect to one-third of the shares of common stock on each of October 7, 2021, 2022 and 2023 subject to Mr. White's continued employment.
F3: The shares of common stock under the Stock Options vest as follows: (a) 125,000 upon achievement of agreed performance goals and (b) 125,000 as to one-third on each of February 18, 2020, 2021 and 2022.
F4: Shares of common stock underlying the stock options vest one third on each anniversary of grant subject to continued service to Ipsidy Inc. and subject to a prior Change of Control.