STOLLER STUART 4
4 · Ipsidy Inc. · Filed May 7, 2021
Insider Transaction Report
Form 4
Ipsidy Inc.IDTY
STOLLER STUART
Chief Financial Officer
Transactions
- Award
Stock Options
2021-05-05+3,000,000→ 3,000,000 totalExercise: $0.24From: 2021-05-05Exp: 2031-05-05→ Common Stock, $0.0001 par value per share (3,000,000 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) - 2,500,000
Stock Options
Exercise: $0.09From: 2020-10-07Exp: 2030-10-07→ Common Stock, $0.0001 par value per share (2,500,000 underlying)
Footnotes (3)
- [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.
- [F3]Shares of common stock underlying the stock options vest one third on each anniversary of grant subject to continued service to Ipsidy Inc. and subject to a prior Change of Control.