authID Inc.·4

Jun 30, 4:33 PM ET

Jisser Ken 4

4 · authID Inc. · Filed Jun 30, 2023

Insider Transaction Report

Form 4
Period: 2023-06-28
Jisser Ken
Director
Transactions
  • Award

    Stock Options

    2023-06-28$0.69/sh+25,000$17,12525,000 total
    Exercise: $0.69From: 2023-06-28Exp: 2033-06-28Common Stock, $0.0001 par value per share (25,000 underlying)
Holdings
  • Common Stock, $0.0001 par value per share

    303,800
  • Stock Options

    Exercise: $0.33From: 2023-03-14Exp: 2033-03-14Common Stock, $0.0001 par value per share (100,000 underlying)
    100,000
  • Convertible Note

    Exercise: $0.52Common Stock, $0.0001 par value per share (197,015 underlying)
    0
Footnotes (3)
  • [F1]The shares underling the stock options vest over a period of 12 months.
  • [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.

Documents

1 file
  • 4
    ownership.xmlPrimary

    OWNERSHIP DOCUMENT