4//SEC Filing
Kumnick Phillip L 4
Accession 0001213900-21-045392
CIK 0001534154other
Filed
Aug 26, 8:00 PM ET
Accepted
Aug 27, 4:55 PM ET
Size
9.5 KB
Accession
0001213900-21-045392
Insider Transaction Report
Form 4
Ipsidy Inc.AUID
Kumnick Phillip L
Director
Transactions
- Purchase
Common Stock, $.0001 par value
2021-08-26$7.00/sh+71,425$499,975→ 121,425 total
Holdings
- 1,111,111
Stock Options
Exercise: $2.10From: 2020-05-22Exp: 2025-05-22→ Common Stock, $0.0001 par value per share (1,111,111 underlying) - 592,351
Stock Options
Exercise: $7.20From: 2021-05-05Exp: 2031-05-05→ Common Stock, $0.0001 par value per share (592,351 underlying) - 100,000
Stock Options
Exercise: $1.65From: 2019-12-10Exp: 2029-12-10→ Common Stock, $0.0001 par value per share (100,000 underlying)
Footnotes (3)
- [F1]Includes the right to acquire 50,000 shares of common stock at par value subject to the certain vesting criteria which shares were granted on March 6, 2020 pursuant to a Restricted Stock Purchase Agreement.
- [F2]On March 6, 2020, the option granted to Mr. Kumnick on December 10, 2019 to purchase 100,000 shares of common stock vesting over a three-year period was amended to provide that it will vest in full prior to the occurrence of time-based vesting, in the event of a Change of Control.
- [F3]On May 5, 2021, the Company granted Mr. Kumnick a Non-Statutory Option to acquire 592,351 shares of common stock at an exercise price of $7.20 per share with 9,017 shares vesting upon grant of Non-Statutory Option and 583,333 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 0001796205
Filing Metadata
- Form type
- 4
- Filed
- Aug 26, 8:00 PM ET
- Accepted
- Aug 27, 4:55 PM ET
- Size
- 9.5 KB