Bryan Lewis - Jun 30, 2022 Form 4 Insider Report for Intellicheck, Inc. (IDN)

Role
CEO, Director
Signature
/s/ Bryan Lewis
Stock symbol
IDN
Transactions as of
Jun 30, 2022
Transactions value $
$78,603
Form type
4
Date filed
7/5/2022, 07:01 PM
Previous filing
Jun 21, 2022
Next filing
Aug 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDN Common Stock, $.001 par value Award $39.6K +3.44K +1.42% $11.50 246K Jun 30, 2022 Direct F1
transaction IDN Common Stock, $.001 par value Award $39K +3.39K +1.38% $11.50 249K Jun 30, 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 IDN Stock Option (Right to Buy) Award $0 +114K $0.00 114K Jun 30, 2022 Common Stock 114K $2.02 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the 62,000 Restricted Stock Units granted, one third vested immediately on the date of grant and the remaining two-thirds vest quarterly over the following three years
F2 Of the 40,696 Restricted Stock Units granted one-third vested after year one and the remaining two-thirds vest quarterly over the following two years
F3 Of the stock options granted, 40% (45,400) of the options have no premium (i.e., exercise price equals stock price at grant); 30% (34,050) of the options would have a 25% premium (i.e., exercise price equals stock price at grant plus 25%); and 30% (34,050) of the options would have a 50% premium.
F4 One-third of this Option shall vest upon the first anniversary of the date of grant and the remaining two-thirds of this Option shall vest quarterly over the following two years