4//SEC Filing
Broenniman Philip R 4
Accession 0001213900-21-025124
CIK 0001534154other
Filed
May 6, 8:00 PM ET
Accepted
May 7, 4:08 PM ET
Size
13.5 KB
Accession
0001213900-21-025124
Insider Transaction Report
Form 4
Ipsidy Inc.IDTY
Broenniman Philip R
DirectorPresident/COO
Transactions
- Award
Stock Options
2021-05-05+17,662,313→ 17,662,313 totalExercise: $0.24From: 2021-05-05Exp: 2031-05-05→ Common Stock, $0.0001 par value per share (17,662,313 underlying)
Holdings
- 5,182,412
Common Stock, $.0001 par value
- 9,153,969(indirect: See footnote)
Common Stock, $.0001 par value
- 929,167(indirect: See Footnotes)
Warrants
Exercise: $0.15From: 2020-06-30Exp: 2022-06-30→ Common Stock, $0.0001 par value per share (929,167 underlying) - 16,666,666
Stock Options
Exercise: $0.07From: 2020-05-22Exp: 2025-05-22→ Common Stock, $0.0001 par value per share (16,666,666 underlying) - 350,000
Warrants
Exercise: $0.17From: 2018-08-15Exp: 2023-08-15→ Common Stock, $0.0001 par value per share (350,000 underlying) - 262,500
Warrants
Exercise: $0.09From: 2019-06-24Exp: 2024-06-23→ Common Stock, $0.0001 par value per share (262,500 underlying)
Footnotes (4)
- [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 ("VCFLP"). 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.
- [F4]On May 5, 2021, the Company granted Mr. Broenniman a Non-Statutory Option to acquire 17,662,313 shares of common stock at an exercise price of $0.24 per share with 162,313 shares vesting upon grant of Non-Statutory Option and 17,500,000 shares of common stock underlying the stock options vesting subject to various performance conditions.
Documents
Issuer
Ipsidy Inc.
CIK 0001534154
Entity typeother
Related Parties
1- filerCIK 0001781770
Filing Metadata
- Form type
- 4
- Filed
- May 6, 8:00 PM ET
- Accepted
- May 7, 4:08 PM ET
- Size
- 13.5 KB