Cecil N. Smith III - Dec 19, 2022 Form 4 Insider Report for authID Inc. (AUID)

Signature
/s/ Cecil N. Smith III
Stock symbol
AUID
Transactions as of
Dec 19, 2022
Transactions value $
$79,000
Form type
4
Date filed
12/21/2022, 07:30 AM
Previous filing
Mar 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AUID Common Stock, $.0001 par value 20.7K Dec 19, 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 $79K +100K $0.79 100K Dec 19, 2022 Common Stock, $0.0001 par value per share 100K $0.79 Direct F1
holding AUID Stock Options 150K Dec 19, 2022 Common Stock, $0.0001 par value per share 150K $2.83 Direct F2
holding AUID Stock Options 600K Dec 19, 2022 Common Stock, $0.0001 par value per share 600K $7.80 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock underlying the Stock Options vest on December 31, 2023.
F2 The shares of common stock underlying the Stock Options vest on the first anniversary of grant subject to continued service.
F3 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.