5//SEC Filing
Orlando Michael Joseph 5
Accession 0001213900-18-001694
CIK 0001566826other
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 4:44 PM ET
Size
15.9 KB
Accession
0001213900-18-001694
Insider Transaction Report
Form 5
Nxt-ID, Inc.NXTD
Orlando Michael Joseph
DirectorChief Operating Officer
Transactions
- Award
Common Stock
2017-05-23+983,611→ 983,611 total - Award
Common Stock
2017-10-02+25,331→ 1,008,942 total - Award
Common Stock
2017-12-07+250,000→ 1,258,942 total - Award
Common Stock
2017-12-15+6,333→ 1,265,275 total - Sale
Common Stock
2017-12-20$2.95/sh−10,000$29,500→ 1,255,275 total - Award
Common Stock
2017-12-31+44,330→ 1,299,605 total - Sale
Common Stock
2018-01-16$2.82/sh−10,000$28,200→ 1,289,605 total
Holdings
- 0
No Securities are Beneficially Owned
Footnotes (4)
- [F1]The reporting person was appointed the Chief Operating Officer of the issuer on May 19, 2017 and was appointed to serve as a member of the board of the directors of the issuer effective as of June 30, 2017.
- [F2]Received in exchange for 983,611 shares of Fit Pay, Inc. ("Fit Pay") common stock in connection with the merger (the "Merger") of Fit Pay into Nxt-ID, Inc. ("Nxt-ID"). On the effective date of the Merger, the closing price of Nxt-ID's common stock was $1.72 per share and the price of Fit Pay's common stock was valued at $0.53 per share.
- [F3]Restricted shares of Fit Pay common stock granted to the reporting person prior to the Merger as compensation for his services as chief executive officer of Fit Pay, which shares vested on October 2, 2017, December 15, 2017 and December 31, 2017, respectively, and were granted to the reporting person as shares of Nxt-ID common stock.
- [F4]Shares sold by Mr. Orlando pursuant to a Rule10b5-1 trading plan adopted by the reporting person on December 14, 2017.
Documents
Issuer
Nxt-ID, Inc.
CIK 0001566826
Entity typeother
Related Parties
1- filerCIK 0001480147
Filing Metadata
- Form type
- 5
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 4:44 PM ET
- Size
- 15.9 KB