Broenniman Philip R 4
4 · authID Inc. · Filed Sep 22, 2022
Insider Transaction Report
Form 4
authID Inc.AUID
Broenniman Philip R
DirectorPresident/COO
Transactions
- Award
Stock Options
2022-09-20$3.03/sh+34,966$105,947→ 34,966 totalExercise: $3.03From: 2022-09-20Exp: 2032-09-20→ Common Stock, $0.0001 par value per share (34,966 underlying)
Holdings
- 555,556
Stock Options
Exercise: $2.10From: 2020-05-22Exp: 2025-05-22→ Common Stock, $0.0001 par value per share (555,556 underlying) - 173,973
Common Stock, $.0001 par value
- 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) - 353,087(indirect: See footnote)
Common Stock, $.0001 par value
- 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) - 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) - 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]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.