STOLLER STUART 4
4 · Ipsidy Inc. · Filed Oct 9, 2020
Insider Transaction Report
Form 4
Ipsidy Inc.IDTY
STOLLER STUART
Chief Financial Officer
Transactions
- Award
Stock Options
2020-10-07$0.09/sh+2,500,000$231,250→ 2,500,000 totalExercise: $0.09From: 2020-10-07Exp: 2030-10-07→ Common Stock, $0.0001 par value per share (2,500,000 underlying)
Holdings
- 5,312,500
Common Stock, $.0001 par value
- 5,000,000
Stock Options
Exercise: $0.10From: 2017-01-31Exp: 2027-01-31→ Common Stock, $0.0001 par value per share (5,000,000 underlying)
Footnotes (2)
- [F1]On September 29, 2017, the Company and Mr. Stoller entered into a Restricted Stock Agreement pursuant to which Mr. Stoller purchased 5 million shares of common stock at a per share price of $0.0001 pursuant to the terms of Mr. Stoller's offer letter. The shares vest upon the terms set forth in Mr. Stoller's Restricted Stock Agreement.
- [F2]The Stock Options vest with respect to one-third of the shares of common stock on each of October 7, 2021, 2022 and 2023 subject to Mr. Stoller's continued employment.