Stephen Jeffrey Garchik - Jun 30, 2022 Form 4 Insider Report for Ipsidy Inc. (AUID)

Role
Director by Deputization
Signature
/s/ Stephen Jeffrey Garchik
Stock symbol
AUID
Transactions as of
Jun 30, 2022
Transactions value $
$27,355
Form type
4
Date filed
7/11/2022, 05:00 PM
Previous filing
Apr 28, 2022
Next filing
May 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AUID Common Stock Options Exercise $27.4K +13.3K +0.66% $2.06 2.02M Jun 30, 2022 Direct F6
holding AUID Common Stock 167K Jun 30, 2022 See Footnotes F1, F2
holding AUID Common Stock 11.7K Jun 30, 2022 See Footnotes F1, F3
holding AUID Common Stock 89.3K Jun 30, 2022 See Footnotes F1, F4

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 Common Stock Purchase Warrant 83.3K Jun 30, 2022 Common Stock 83.3K $4.50 See footnotes F1, F5
holding AUID Convertible Notes 270K Jun 30, 2022 Common Stock 270K $3.70 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stephen J. Garchik ("Mr. Garchik") disclaims beneficial ownership of any and all of the Issuer's securities reported herein in excess of its actual pecuniary interest.
F2 Held by the Garchik Irrevocable 2019 Trust (the "2019 Trust") of which Mr. Garchik is a trustee
F3 Held by Garchik Universal Limited Partnership, which Mr. Garchik jointly controls with his sister.
F4 Held by Marla Garchik Irrevocable 2020 Trust (the "2020 Trust") of which Mr. Garchik is a beneficiary.
F5 Held by the 2019 Trust.
F6 The reporting person received 13,279 shares of common stock at a per share price of $2.06 as payment of interest for the quarter ended June 30, 2022 associated with the Senior Secured Convertible Note dated March 21, 2022.