Stuart Stoller - Dec 13, 2021 Form 4 Insider Report for Ipsidy Inc. (AUID)

Role
Chief Financial Officer
Signature
/s/ Stuart Stoller
Stock symbol
AUID
Transactions as of
Dec 13, 2021
Transactions value $
-$1,500,774
Form type
4
Date filed
12/15/2021, 04:00 PM
Previous filing
May 7, 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 Sale -$10.5K -701 -0.85% $15.00 82.1K Dec 15, 2021 Direct F1
transaction AUID Common Stock, $.0001 par value Sale -$678K -43.4K -34.39% $15.62 82.8K Dec 14, 2021 Direct F1
transaction AUID Common Stock, $.0001 par value Sale -$812K -50.9K -28.75% $15.96 126K Dec 13, 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
holding AUID Stock Options 100K Dec 13, 2021 Common Stock, $0.0001 par value per share 100K $7.20 Direct F3
holding AUID Stock Options 83.3K Dec 13, 2021 Common Stock, $0.0001 par value per share 83.3K $2.78 Direct F2
holding AUID Stock Options 167K Dec 13, 2021 Common Stock, $0.0001 par value per share 167K $3.00 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 The sales reported on this Form 4 represent shares sold by the Reporting Person to satisfy payroll tax withholding obligations in connection with the vesting of restricted stock grants. Prices reported are a weighted-average sales price. The shares were sold at prices ranging from $15.73 to $16.18 on December 13, 2021, prices ranging from $14.95 to $15.98 on December 14, 2021 and at a price of $15.00 on December 15, 2021. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
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.