Russell T. Embry - Jun 30, 2022 Form 4 Insider Report for Intellicheck, Inc. (IDN)

Role
Chief Technology Officer
Signature
/s/ Russell T. Embry
Stock symbol
IDN
Transactions as of
Jun 30, 2022
Transactions value $
$27,980
Form type
4
Date filed
7/5/2022, 07:14 PM
Previous filing
Apr 15, 2022
Next filing
Oct 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDN Common Stock, $.001 par value Award $14.9K +1.29K +1.14% $11.50 115K Jun 30, 2022 Direct F1
transaction IDN Common Stock, $.001 par value Award $13.1K +1.14K +1% $11.50 116K 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 +25K $0.00 25K Jun 30, 2022 Common Stock 25K $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 23,256 Restricted Stock Units granted one-third vested immediately and the remaining two-thirds vest quarterly over the following three years
F2 Of the 13,696 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, 50% (12,500) of the options have no premium (i.e., exercise price equals stock price at grant); 25% (6,250) of the options would have a 25% premium (i.e., exercise price equals stock price at grant plus 25%); and 25% (6,250) 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