STOLLER STUART 4
4 · Ipsidy Inc. · Filed Mar 23, 2022
Insider Transaction Report
Form 4
Ipsidy Inc.AUID
STOLLER STUART
Chief Financial Officer
Transactions
- Award
Common Stock, $.0001 par value
2022-03-21$3.22/sh+155$499→ 82,239 total - Award
Senior Secured Convertible Note
2022-03-21$50000.00/sh→ 13,514 totalExercise: $3.70From: 2022-03-21Exp: 2025-03-21→ Common Stock, $0.0001 par value per share (13,514 underlying)
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) - 83,333
Stock Options
Exercise: $2.77From: 2020-10-07Exp: 2030-10-07→ Common Stock, $0.0001 par value per share (83,333 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)
Footnotes (3)
- [F1]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.
- [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.