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4//SEC Filing

Beck Philip D 4

Accession 0001615774-18-013413

CIK 0001534154other

Filed

Nov 28, 7:00 PM ET

Accepted

Nov 29, 9:39 AM ET

Size

8.4 KB

Accession

0001615774-18-013413

Insider Transaction Report

Form 4
Period: 2018-11-28
Beck Philip D
DirectorCEO/President/Chairman
Transactions
  • Purchase

    Common Stock, $.0001 par value

    2018-11-29$0.11/sh+500,000$55,00016,500,000 total
Holdings
  • Stock Options

    (indirect: See footnote)
    Exercise: $0.05From: 2016-08-10Exp: 2026-08-10Common Stock, $0.0001 par value per share (20,000,000 underlying)
    20,000,000
  • Stock Options

    Exercise: $0.10From: 2017-01-31Exp: 2027-01-31Common Stock, $0.0001 par value per share (15,000,000 underlying)
    15,000,000
Footnotes (4)
  • [F1]Mr. Beck purchased 500,000 shares of common stock through his IRA account.
  • [F2]Includes 15,000,000 shares of common stock acquired by Mr. Beck in accordance with a restricted stock purchase agreement, which shares vest upon Mr. Beck achieving certain milestones.
  • [F3]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 the January 31, 2017.
  • [F4]Represents a stock option to acquire 20,000,000 shares of common stock at $0.05 per share held by Parity Labs LLC, a private consulting firm which is principally owned by Mr. Beck.

Issuer

Ipsidy Inc.

CIK 0001534154

Entity typeother

Related Parties

1
  • filerCIK 0001562101

Filing Metadata

Form type
4
Filed
Nov 28, 7:00 PM ET
Accepted
Nov 29, 9:39 AM ET
Size
8.4 KB