Michael A. Gorriz - Jun 30, 2022 Form 4 Insider Report for Ipsidy Inc. (AUID)

Role
Director
Signature
/s/ Michael A. Gorriz
Stock symbol
AUID
Transactions as of
Jun 30, 2022
Transactions value $
$2,736
Form type
4
Date filed
7/5/2022, 04:25 PM
Previous filing
Mar 23, 2022
Next filing
Sep 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AUID Common Stock, $.0001 par value Options Exercise $2.74K +915 +294.21% $2.99 1.23K Jun 30, 2022 Direct F3

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 Senior Secured Convertible Note 27K Jun 30, 2022 Common Stock, $0.0001 par value per share 27K $3.70 Direct
holding AUID Stock Options 10.2K Jun 30, 2022 Common Stock, $0.0001 par value per share 10.2K $15.16 Direct F2
holding AUID Stock Options 62.5K Jun 30, 2022 Common Stock, $0.0001 par value per share 62.5K $7.80 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares vest annually in equal amounts over a three-year period.
F2 The shares vest monthly in equal amounts over a one-year period.
F3 The reporting person received 915 shares of common stock at a per share price of $2.99 as payment of interest for the quarter ended June 30, 2022 associated with the Senior Secured Convertible Note dated March 21, 2022.