4//SEC Filing
Broenniman Philip R 4
Accession 0001213900-20-013519
CIK 0001534154other
Filed
May 26, 8:00 PM ET
Accepted
May 27, 4:03 PM ET
Size
10.5 KB
Accession
0001213900-20-013519
Insider Transaction Report
Form 4
Ipsidy Inc.IDTY
Broenniman Philip R
DirectorPresident/COO
Transactions
- Award
Stock Options
2020-05-22$0.07/sh+16,666,666$1,166,667→ 16,666,666 totalExercise: $0.07From: 2020-05-22Exp: 2025-05-22→ Common Stock, $0.0001 par value per share (16,666,666 underlying)
Holdings
- 5,182,412
Common Stock, $.0001 par value
- 350,000
Warrants
Exercise: $0.17From: 2018-08-15Exp: 2023-08-15→ Common Stock, $0.0001 par value per share (350,000 underlying) - 4,723,017(indirect: See footnote)
Common Stock, $.0001 par value
- 262,500
Warrants
Exercise: $0.09From: 2019-06-24Exp: 2024-06-23→ Common Stock, $0.0001 par value per share (262,500 underlying)
Footnotes (3)
- [F1]Includes the right to acquire 1,500,000 shares of common stock at par value subject to the certain vesting criteria granted to Mr. Broenniman on March 6, 2020 pursuant to a Restricted Stock Purchase Agreement.
- [F2]Mr. Broenniman is the Managing Partner of Varana Capital, LLC ("Varana Capital"), which, in turn, is the investment manager of and has dispositive control over the shares held by Varana Capital Focused, LP. By virtue of these relationships, in addition to the shares he holds personally, Mr. Broenniman may be deemed to beneficially own the shares held by Varana Capital Focused, LP.
- [F3]On May 22, 2020, the Company granted Mr. Broenniman a Non-Statutory Option to acquire 16,666,666 shares of common stock at an exercise price of $0.07 per share with 3,333,333 shares vesting upon the grant of Non-Statutory Option, 5,333,333 shares vesting upon achieving certain performance conditions and 8,000,000 shares vesting upon achieving certain additional performance conditions.
Documents
Issuer
Ipsidy Inc.
CIK 0001534154
Entity typeother
Related Parties
1- filerCIK 0001781770
Filing Metadata
- Form type
- 4
- Filed
- May 26, 8:00 PM ET
- Accepted
- May 27, 4:03 PM ET
- Size
- 10.5 KB