Selzer Herbert M. 4
4 · Ipsidy Inc. · Filed Feb 18, 2020
Insider Transaction Report
Form 4
Ipsidy Inc.IDTY
Selzer Herbert M.
Director
Transactions
- Purchase
15% Convertible Note
2020-02-14$100000.00/sh+750,000$75,000,000,000→ 750,000 totalExercise: $0.20From: 2020-02-14Exp: 2022-02-28→ Common Stock, $0.0001 par value per share (750,000 underlying)
Holdings
- 1,537,778(indirect: See Footnotes)
Common Stock, $.0001 par value
- 400,000
Stock Options
Exercise: $0.15From: 2015-09-30Exp: 2025-09-30→ Common Stock, $0.0001 par value per share (400,000 underlying) - 5,363,945
Common Stock, $.0001 par value
- 1,000,000
Common Stock Purchase Warrant
Exercise: $0.10From: 2015-09-26Exp: 2020-09-26→ Common Stock, $0.0001 par value per share (1,000,000 underlying) - 880,000(indirect: See Footnotes)
Common Stock Purchase Warrant
Exercise: $0.06From: 2015-07-29Exp: 2022-05-13→ Common Stock, $0.0001 par value per share (880,000 underlying)
Footnotes (2)
- [F1]Securities are held by Vista Associates, L.P. ("Vista"). Mr. Selzer serves as the general partner of Vista. Warrants issued 7/29/15 were amended pursuant to the investment in 15% Convertible Note
- [F2]In connection with the Company's private offering, Mr. Selzer acquired a 15% Convertible Note. The 15% Convertible Note is convertible into an amount equal to 150% of the principal amount due under the 15% Convertible Note divided by the conversion price of $0.20 per share.