Jisser Ken 4
4 · authID Inc. · Filed May 31, 2023
Insider Transaction Report
Form 4
authID Inc.AUID
Jisser Ken
Director
Transactions
- Purchase
Common Stock, $0.0001 par value per share
2023-05-26$0.50/sh+100,000$50,000→ 303,800 total - Conversion
Common Stock, $0.0001 par value per share
2023-05-26$0.52/sh+197,015$101,463→ 203,800 total - Conversion
Convertible Note
2023-05-26→ 0 totalExercise: $0.52→ Common Stock, $0.0001 par value per share (197,015 underlying) - Other
Common Stock, $0.0001 par value per share
2023-05-26$2.99/sh+815$2,437→ 6,785 total
Holdings
- 100,000
Stock Options
Exercise: $0.33From: 2023-03-14Exp: 2033-03-14→ Common Stock, $0.0001 par value per share (100,000 underlying)
Footnotes (3)
- [F1]The reporting person received shares of common stock as payment of interest for each quarter associated with the Senior Secured Convertible Note dated March 21, 2022.
- [F2]On May 23, 2023, Mr. Jisser and the Company entered into an exchange agreement whereby Mr. Jisser exchanged the March 2022 Senior Secured Convertible Note in the amount of $101,463, which reflects principal and interest, for 197,015 shares of common stock at a per share price of $0.515.
- [F3]The shares vest annually in equal amounts over a three-year period.