Daguro Rhoniel 4
4 · authID Inc. · Filed Apr 13, 2023
Insider Transaction Report
Form 4
authID Inc.AUID
Daguro Rhoniel
DirectorChief Executive Officer
Transactions
- Award
Stock Options
2023-04-10$0.40/sh+2,455,000$974,635→ 2,455,000 totalExercise: $0.40From: 2023-04-10Exp: 2033-04-10→ Common Stock, $0.0001 par value per share (2,455,000 underlying)
Footnotes (1)
- [F1]The stock option vesting is subject to achievement of performance and service conditions providing (i) 420,000 shares of common stock vested on date of grant; and (ii) 2,035,000 shares of common stock vest equally on a monthly basis over three years provided that shares of common stock vesting is accelerated in four equal installments upon achievement of four performance targets based on market capitalization or as to the entire balance upon earlier termination on change of control.