authID Inc. — Director's Dealing 2022

Jan 3, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ipsidy Inc. (AUID)
CIK: 0001534154
Period of Report: 2021-12-29

Reporting Person: Broenniman Philip R (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-29	Stock Options	$15.16	A	10238	Acquired	2031-12-29	Common Stock, $0.0001 par value per share (10238)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.0001 par value	172747	Direct
Common Stock, $.0001 par value	340832	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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.