Stuart Stoller - May 5, 2021 Form 4 Insider Report for Ipsidy Inc. (AUID)

Role
Chief Financial Officer
Signature
/s/ Stuart Stoller
Stock symbol
AUID
Transactions as of
May 5, 2021
Transactions value $
$0
Form type
4
Date filed
5/7/2021, 04:06 PM
Next filing
Dec 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AUID Common Stock, $.0001 par value 5.31M May 5, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AUID Stock Options Award $0 +3M $0.00 3M May 5, 2021 Common Stock, $0.0001 par value per share 3M $0.24 Direct F3
holding AUID Stock Options 2.5M May 5, 2021 Common Stock, $0.0001 par value per share 2.5M $0.09 Direct F2
holding AUID Stock Options 5M May 5, 2021 Common Stock, $0.0001 par value per share 5M $0.10 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Stuart Stoller is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On September 29, 2017, the Company and Mr. Stoller entered into a Restricted Stock Agreement pursuant to which Mr. Stoller purchased 5 million shares of common stock at a per share price of $0.0001 pursuant to the terms of Mr. Stoller's offer letter. The shares vest upon the terms set forth in Mr. Stoller's Restricted Stock Agreement.
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. Stoller's continued employment.
F3 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.