Kumnick Phillip L 4
4 · Ipsidy Inc. · Filed Nov 9, 2021
Insider Transaction Report
Form 4
Ipsidy Inc.AUID
Kumnick Phillip L
Director
Transactions
- Disposition to Issuer
Stock Options
2021-11-05−300,000→ 292,351 totalExercise: $7.20From: 2021-05-05Exp: 2031-05-05→ Common Stock, $0.0001 par value per share (292,351 underlying)
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) - 121,425
Common Stock, $.0001 par value
- 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 (2)
- [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 November 5, 2021, the Company and Mr. Kumnick entered into a letter agreement pursuant to which Mr. Kumnick agreed to cancel 300,000 shares of common stock under the Non-Statutory Option dated May 5, 2021 in consideration of removing certain service conditions.