4//SEC Filing
Broenniman Philip R 4
Accession 0001213900-22-037225
CIK 0001534154other
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 4:28 PM ET
Size
18.0 KB
Accession
0001213900-22-037225
Insider Transaction Report
Form 4
Ipsidy Inc.AUID
Broenniman Philip R
DirectorPresident/COO
Transactions
- Exercise/Conversion
Common Stock, $.0001 par value
2022-06-30$2.99/sh+9,149$27,356→ 353,087 total(indirect: See footnote) - Exercise/Conversion
Common Stock, $.0001 par value
2022-06-30$2.99/sh+915$2,736→ 173,973 total
Holdings
- 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) - 30,972(indirect: See Footnotes)
Warrants
Exercise: $4.50From: 2020-06-30Exp: 2022-06-30→ Common Stock, $0.0001 par value per share (30,972 underlying) - 555,556
Stock Options
Exercise: $2.10From: 2020-05-22Exp: 2025-05-22→ Common Stock, $0.0001 par value per share (555,556 underlying) - 11,667
Warrants
Exercise: $4.95From: 2018-08-15Exp: 2023-08-15→ Common Stock, $0.0001 par value per share (11,667 underlying) - 8,750
Warrants
Exercise: $2.64From: 2019-06-24Exp: 2024-06-23→ Common Stock, $0.0001 par value per share (8,750 underlying) - 270,270(indirect: See Footnotes)
Senior Secured Convertible Note
Exercise: $3.70From: 2022-03-21Exp: 2025-03-21→ Common Stock, $0.0001 par value per share (270,270 underlying) - 10,238
Stock Options
Exercise: $15.16From: 2021-12-29Exp: 2031-12-29→ Common Stock, $0.0001 par value per share (10,238 underlying) - 388,744
Stock Options
Exercise: $7.20From: 2021-05-05Exp: 2031-05-05→ Common Stock, $0.0001 par value per share (388,744 underlying)
Footnotes (5)
- [F1]Mr. Broenniman is the Managing Partner of Varana Capital, LLC ("Varana Capital"), which, in turn, is the investment manager of and has dispositive control over the shares held by Varana Capital Focused, LP ("VCFLP"). By virtue of these relationships, in addition to the shares he holds personally, Mr. Broenniman may be deemed to beneficially own the shares held by Varana Capital Focused, LP.
- [F2]The shares vest monthly in equal amounts over a one-year period.
- [F3]383,334 of the shares vest upon meeting performance criteria.
- [F4]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.
- [F5]The reporting person received 9,149 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.
Documents
Issuer
Ipsidy Inc.
CIK 0001534154
Entity typeother
Related Parties
1- filerCIK 0001781770
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 4:28 PM ET
- Size
- 18.0 KB