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authID Inc. — Director's Dealing 2023
Jun 30, 2023
34633_dirs_2023-06-30_dae0adfb-0a07-4ce1-b7f1-22e6af981357.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: authID Inc. (AUID)
CIK: 0001534154
Period of Report: 2023-06-28
Reporting Person: Daguro Rhoniel (Director, Chief Executive Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-06-28 | Stock Options | $0.685 | A | 1465000 | Acquired | 2033-06-28 | Common Stock, $0.0001 par value per share (1465000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.0001 par value per share | 100000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options | $0.397 | 2033-04-10 | Common Stock, $0.0001 par value per share (2455000) | 2455000 | Direct |
Footnotes
F1: The stock option vesting is subject to achievement of performance and service conditions providing (i) 420,000 shares of common stock vested on date of grant; and (ii) 2,035,000 shares of common stock vest equally on a monthly basis over three years provided that shares of common stock vesting is accelerated in four equal installments upon achievement of four performance targets based on market capitalization or as to the entire balance upon earlier termination on change of control.
F2: The stock option vesting is subject to achievement of performance and service conditions.