STOLLER STUART 4
4 · Ipsidy Inc. · Filed Nov 13, 2017
Insider Transaction Report
Form 4
Ipsidy Inc.IDGS
STOLLER STUART
Chief Financial Officer
Transactions
- Other
Common Stock, $.0001 par value
2017-09-29$0.00/sh+5,000,000$500→ 5,000,000 total
Holdings
- 5,000,000
Stock Options
Exercise: $0.10From: 2017-01-31Exp: 2027-01-31→ Common Stock, $0.0001 par value per share (5,000,000 underlying)
Footnotes (2)
- [F1]On September 29, 2017, the Company and Mr. Stoller entered into a Restricted Stock Agreement pursuant to which Mr. Stoller purchased 5 million shares of common stock at a per share price of $0.0001 pursuant to the terms of Mr. Stoller's offer letter. The shares vest upon the terms set forth in Mr. Stoller's Restricted Stock Agreement.
- [F2]The Stock Options vest with respect to (i) one-third of the shares of common stock upon January 31, 2017 and (ii) in 24 equal monthly tranches commencing on January 31, 2018.