Gorriz Michael A 4
4 · Ipsidy Inc. · Filed Mar 23, 2022
Insider Transaction Report
Form 4
Ipsidy Inc.AUID
Gorriz Michael A
Director
Transactions
- Award
Senior Secured Convertible Note
2022-03-21$100000.00/sh→ 27,027 totalExercise: $3.70From: 2022-03-21Exp: 2025-03-21→ Common Stock, $0.0001 par value per share (27,027 underlying) - Award
Common Stock, $.0001 par value
2022-03-21$3.22/sh+311$1,001→ 311 total
Holdings
- 10,238
Stock Options
Exercise: $15.16From: 2021-12-29Exp: 2031-12-29→ Common Stock, $0.0001 par value per share (10,238 underlying) - 62,500
Stock Options
Exercise: $7.80From: 2021-06-09Exp: 2031-06-09→ Common Stock, $0.0001 par value per share (62,500 underlying)
Footnotes (3)
- [F1]The shares vest annually in equal amounts over a three-year period.
- [F2]The shares vest monthly in equal amounts over a one-year period.
- [F3]Upon acquiring the Senior Secured Convertible Note, the reporting person was issued an origination fee in shares of common stock equal to 1.0% of the original principal amount of the reporting person's Senior Secured Convertible Notes with the value of each such share being the arithmetic average of the volume weighted average price of the Common Stock for each of the ten trading days immediately preceding the effective date.