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4//SEC Filing

STERN THEODORE 4

Accession 0001213900-20-016565

CIK 0001534154other
View on SEC.govCompany Profile

Filed

Jul 1, 8:00 PM ET

Accepted

Jul 2, 4:08 PM ET

Size

14.8 KB

Accession

0001213900-20-016565

Insider Transaction Report

Form 4
Period: 2020-06-30
Ipsidy Inc.IDTY
STERN THEODORE
Director
Transactions
  • Exercise of In-Money

    Common Stock, $0.0001 par value per share

    2020-06-30$0.07/sh+1,000,000$70,000→ 5,885,445 total
  • Exercise of In-Money

    Common Stock Purchase Warrant

    2020-06-30−1,000,000→ 0 total
    Exercise: $0.07From: 2016-04-19Exp: 2021-04-19→ Common Stock, $0.0001 par value per share (1,000,000 underlying)
  • Purchase

    Common Stock Purchase Warrant

    2020-06-30$0.15/sh+250,000$37,500→ 250,000 total
    Exercise: $0.15From: 2020-06-30Exp: 2022-06-30→ Common Stock, $0.0001 par value per share (250,000 underlying)
Holdings

  • Amended and Restated Promissory Notes

    (indirect: See footnote)
    Exercise: $0.20From: 2020-02-14Exp: 2022-02-28→ Common Stock, $0.0001 par value per share (15,000,000 underlying)
    15,000,000

  • Interest Shares

    (indirect: See Footnote)
    Exercise: $0.20From: 2017-01-31→ Common Stock, $0.0001 par value per share (3,310,000 underlying)
    3,310,000

  • Common Stock, $0.0001 par value per share

    (indirect: See Footnote)
    8,166,667

  • 15% Convertible Note

    Exercise: $0.20From: 2020-02-14Exp: 2022-02-28→ Common Stock, $0.0001 par value per share (375,000 underlying)
    375,000
Footnotes (3)
  • [F1]Shares of common stock are held by the Theodore Stern Revocable Trust (the "Trust").
  • [F2]Represents 3,310,000 shares of common stock that may be issued upon the conversion of interest accrued at $0.20 per share under issued under that certain Unsecured Promissory Note in the principal amount as of the date hereof $2,000,000 issued to the Trust.
  • [F3]On June 30, 2020, Mr. Stern exercised a common stock purchase warrant to acquire 1,000,000 shares of common stock at an exercise price of $0.07 per share in consideration of the issuance a common stock purchase warrant to acquire 250,000 shares of common stock exercisable for $0.15 per share.

Documents

1 file

Issuer

Ipsidy Inc.

CIK 0001534154

→
Entity typeother

Related Parties

1
  • filerCIK 0000935991

Filing Metadata

Form type
4
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 4:08 PM ET
Size
14.8 KB
View on SEC.gov