Russell T. Embry - 03 Mar 2023 Form 4 Insider Report for Intellicheck, Inc. (IDN)

Role
Chief Technology Officer
Signature
/s/ Russell T. Embry
Issuer symbol
IDN
Transactions as of
03 Mar 2023
Net transactions value
+$60,750
Form type
4
Filing time
08 Mar 2023, 14:39:16 UTC
Previous filing
03 Jan 2023
Next filing
30 Aug 2023
SEC
View on sec.gov

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 $60,750 +22,500 $2.70 22,500 03 Mar 2023 Common Stock 22,500 $2.70 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of these options, 50% (11,250) have no premium (i.e. exercise price equals stock price at grant); 25% (5,625) of the options have a 20% premium (i.e. exercise price equals stock price at grant plus 20%); and 25% (5,625) of the options have a 40% premium (i.e. exercise price equals stock price at grant plus 40%).
F2 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.