AI assistant
authID Inc. — Director's Dealing 2022
Jul 5, 2022
34633_dirs_2022-07-05_b802b8ed-391a-422e-af8a-33f44fb10e04.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: 2022-06-30
Reporting Person: Broenniman Philip R (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-06-30 | Common Stock, $.0001 par value | M | 915 | $2.99 | Acquired | 173973 | Direct |
| 2022-06-30 | Common Stock, $.0001 par value | M | 9149 | $2.99 | Acquired | 353087 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Senior Secured Convertible Note | $3.70 | 2025-03-21 | Common Stock, $0.0001 par value per share (270270) | 270270 | Indirect |
| Senior Secured Convertible Note | $3.70 | 2025-03-21 | Common Stock, $0.0001 par value per share (27027) | 27027 | Direct |
| Stock Options | $15.16 | 2031-12-29 | Common Stock, $0.0001 par value per share (10238) | 10238 | Direct |
| Stock Options | $7.20 | 2031-05-05 | Common Stock, $0.0001 par value per share (388744) | 388744 | Direct |
| Warrants | $4.50 | 2022-06-30 | Common Stock, $0.0001 par value per share (30972) | 30972 | Indirect |
| Stock Options | $2.10 | 2025-05-22 | Common Stock, $0.0001 par value per share (555556) | 555556 | Direct |
| Warrants | $4.95 | 2023-08-15 | Common Stock, $0.0001 par value per share (11667) | 11667 | Direct |
| Warrants | $2.64 | 2024-06-23 | Common Stock, $0.0001 par value per share (8750) | 8750 | Direct |
Footnotes
F1: Mr. Broenniman is the Managing Partner of Varana Capital, LLC ("Varana Capital"), which, in turn, is the investment manager of and has dispositive control over the shares held by Varana Capital Focused, LP ("VCFLP"). By virtue of these relationships, in addition to the shares he holds personally, Mr. Broenniman may be deemed to beneficially own the shares held by Varana Capital Focused, LP.
F2: The shares vest monthly in equal amounts over a one-year period.
F3: 383,334 of the shares vest upon meeting performance criteria.
F4: The reporting person received 915 shares of common stock at a per share price of $2.99 as payment of interest for the quarter ended June 30, 2022 associated with the Senior Secured Convertible Note dated March 21, 2022.
F5: The reporting person received 9,149 shares of common stock at a per share price of $2.99 as payment of interest for the quarter ended June 30, 2022 associated with the Senior Secured Convertible Note dated March 21, 2022.