Gorriz Michael A 4
4 · Ipsidy Inc. · Filed Jul 5, 2022
Insider Transaction Report
Form 4
Ipsidy Inc.AUID
Gorriz Michael A
Director
Transactions
- Exercise/Conversion
Common Stock, $.0001 par value
2022-06-30$2.99/sh+915$2,736→ 1,226 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) - 27,027
Senior Secured Convertible Note
Exercise: $3.70From: 2022-03-21Exp: 2025-03-21→ Common Stock, $0.0001 par value per share (27,027 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]The reporting person received 915 shares of common stock at a per share price of $2.99 as payment of interest for the quarter ended June 30, 2022 associated with the Senior Secured Convertible Note dated March 21, 2022.