THIMOT THOMAS L 4
4 · Ipsidy Inc. · Filed Aug 30, 2021
Insider Transaction Report
Form 4
Ipsidy Inc.AUID
THIMOT THOMAS L
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock, $.0001 par value
2021-08-26$7.00/sh+71,426$499,982→ 71,426 total(indirect: See Footnote)
Holdings
- 1,200,000
Stock Options
Exercise: $7.80From: 2021-06-14Exp: 2031-06-14→ Common Stock, $0.0001 par value per share (1,200,000 underlying)
Footnotes (2)
- [F1]Half of the shares of common stock under the Stock Options vest upon achievement of agreed performance goals and half vest monthly over four years.
- [F2]Mr. Thimot through the Thimot Family Revocable Living Trust and the Thimot Family Heritage Irrevocable Trust acquired 42,856 and 28,570 shares of the Company's common stock, respectively, in connection with the Company's public offering which closed on August 26, 2021. Mr. Thimot is the trustee for both trusts and a beneficiary of the Thimot Family Revocable Living Trust.