Thomas L. Thimot - Aug 26, 2021 Form 4 Insider Report for Ipsidy Inc. (AUID)

Role
Chief Executive Officer, Director
Signature
/s/ THOMAS L. THIMOT
Stock symbol
AUID
Transactions as of
Aug 26, 2021
Transactions value $
$499,982
Form type
4
Date filed
8/30/2021, 08:01 AM
Previous filing
Jun 22, 2021
Next filing
Mar 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AUID Common Stock, $.0001 par value Purchase $500K +71.4K $7.00 71.4K Aug 26, 2021 See Footnote F2

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
holding AUID Stock Options 1.2M Aug 26, 2021 Common Stock, $0.0001 par value per share 1.2M $7.80 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Half of the shares of common stock under the Stock Options vest upon achievement of agreed performance goals and half vest monthly over four years.
F2 Mr. Thimot through the Thimot Family Revocable Living Trust and the Thimot Family Heritage Irrevocable Trust acquired 42,856 and 28,570 shares of the Company's common stock, respectively, in connection with the Company's public offering which closed on August 26, 2021. Mr. Thimot is the trustee for both trusts and a beneficiary of the Thimot Family Revocable Living Trust.