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

Signature
/s/ Russell T. Embry
Issuer symbol
IDN
Transactions as of
30 Jun 2022
Net transactions value
+$27,980
Form type
4
Filing time
05 Jul 2022, 19:14:03 UTC
Previous filing
15 Apr 2022
Next filing
04 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDN Common Stock, $.001 par value Award $14,858 +1,292 +1.1% $11.50 114,618 30 Jun 2022 Direct F1
transaction IDN Common Stock, $.001 par value Award $13,122 +1,141 +1% $11.50 115,759 30 Jun 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 +25,000 $0.000000 25,000 30 Jun 2022 Common Stock 25,000 $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