Bryan Lewis - Mar 15, 2024 Form 4 Insider Report for Intellicheck, Inc. (IDN)

Role
CEO/President, Director
Signature
/s/ Bryan Lewis
Stock symbol
IDN
Transactions as of
Mar 15, 2024
Transactions value $
$258,685
Form type
4
Date filed
3/19/2024, 04:03 PM
Previous filing
Jan 2, 2024
Next filing
Apr 16, 2024

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 $120K +66.5K $1.81 66.5K Mar 15, 2024 Common Stock, $.001 par value 66.5K $1.81 Direct F1, F2
transaction IDN Stock Option (Right to Buy) Award $66.2K +33.3K $1.99 33.3K Mar 15, 2024 Common Stock, $.001 par value 33.3K $1.99 Direct F1, F2
transaction IDN Stock Option (Right to Buy) Award $72.2K +33.3K $2.17 33.3K Mar 15, 2024 Common Stock, $.001 par value 33.3K $2.17 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% (66,500) have no premium (i.e. exercise price equals stock price at grant); 25% (33,250) of the options have a 10% premium (i.e. exercise price equals stock price at grant plus 10%); and 25% (33,250) of the options have a 20% premium (i.e. exercise price equals stock price at grant plus 20%).
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