Phillip L. Kumnick - 20 Sep 2022 Form 4 Insider Report for authID Inc. (AUID)

Role
Director
Signature
/s/ Phillip Kumnick
Issuer symbol
AUID
Transactions as of
20 Sep 2022
Net transactions value
+$105,947
Form type
4
Filing time
22 Sep 2022, 16:53:55 UTC
Previous filing
23 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AUID Common Stock, $.0001 par value 134,939 20 Sep 2022 Direct

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 $105,947 +34,966 $3.03 34,966 20 Sep 2022 Common Stock, $0.0001 par value per share 34,966 $3.03 Direct F1
holding AUID Stock Options 10,238 20 Sep 2022 Common Stock, $0.0001 par value per share 10,238 $15.16 Direct F1
holding AUID Stock Options 292,351 20 Sep 2022 Common Stock, $0.0001 par value per share 292,352 $7.20 Direct F2
holding AUID Stock Options 1,111,111 20 Sep 2022 Common Stock, $0.0001 par value per share 1,111,111 $2.10 Direct
holding AUID Stock Options 100,000 20 Sep 2022 Common Stock, $0.0001 par value per share 100,000 $1.65 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares vest monthly in equal amounts over a one-year period.
F2 283,334 of the shares vest upon meeting performance criteria.