STOLLER STUART 4
4 · Ipsidy Inc. · Filed Dec 15, 2021
Insider Transaction Report
Form 4
Ipsidy Inc.AUID
STOLLER STUART
Chief Financial Officer
Transactions
- Sale
Common Stock, $.0001 par value
2021-12-15$15.00/sh−701$10,515→ 82,084 total - Sale
Common Stock, $.0001 par value
2021-12-14$15.62/sh−43,391$677,767→ 82,785 total - Sale
Common Stock, $.0001 par value
2021-12-13$15.96/sh−50,908$812,492→ 126,176 total
Holdings
- 100,000
Stock Options
Exercise: $7.20From: 2021-05-05Exp: 2031-05-05→ Common Stock, $0.0001 par value per share (100,000 underlying) - 166,667
Stock Options
Exercise: $3.00From: 2017-01-31Exp: 2027-01-31→ Common Stock, $0.0001 par value per share (166,667 underlying) - 83,333
Stock Options
Exercise: $2.77From: 2020-10-07Exp: 2030-10-07→ Common Stock, $0.0001 par value per share (83,333 underlying)
Footnotes (3)
- [F1]The sales reported on this Form 4 represent shares sold by the Reporting Person to satisfy payroll tax withholding obligations in connection with the vesting of restricted stock grants. Prices reported are a weighted-average sales price. The shares were sold at prices ranging from $15.73 to $16.18 on December 13, 2021, prices ranging from $14.95 to $15.98 on December 14, 2021 and at a price of $15.00 on December 15, 2021. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [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.