Michael A. Gorriz - 30 Sep 2022 Form 4 Insider Report for authID Inc. (AUID)

Role
Director, Resigned 3/9/23.
Signature
/s/ Michael A. Gorriz
Issuer symbol
AUID
Transactions as of
30 Sep 2022
Net transactions value
-$219,427
Form type
4
Filing time
21 Mar 2023, 16:00:16 UTC
Previous filing
22 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AUID Common Stock, $0.0001 par value per share Options Exercise $2,437 +815 +40% $2.99 2,856 03 Jan 2023 Direct F2
transaction AUID Common Stock, $0.0001 par value per share Options Exercise $2,437 +815 +66% $2.99 2,041 30 Sep 2022 Direct F2

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 Disposed to Issuer $61,803 -20,397 -58% $3.03 14,569 09 Mar 2023 Common Stock, $0.0001 par value per share 20,397 $3.03 Direct F1
transaction AUID Stock Options Disposed to Issuer $162,497 -20,833 -33% $7.80 41,667 09 Mar 2023 Common Stock, $0.0001 par value per share 20,833 $7.80 Direct F1
holding AUID Senior Secured Convertible Note 27,027 30 Sep 2022 Common Stock, $0.0001 par value per share 27,027 $3.70 Direct
holding AUID Stock Options 10,238 30 Sep 2022 Common Stock, $0.0001 par value per share 10,238 $15.16 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael A. Gorriz is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents lapse of options on resignation as Director.
F2 The reporting person received shares of common stock as payment of interest for each quarter associated with the Senior Secured Convertible Note dated March 21, 2022.