4//SEC Filing
STERN THEODORE 4
Accession 0001615774-18-013941
CIK 0001534154other
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 5:05 PM ET
Size
10.6 KB
Accession
0001615774-18-013941
Insider Transaction Report
Form 4
Ipsidy Inc.IDTY
STERN THEODORE
Director
Transactions
- Gift
Common Stock, $0.0001 par value per share
2018-12-04$0.10/sh−2,200,000$220,000→ 4,885,445 total - Award
Common Stock, $0.0001 par value per share
2018-12-03$0.00/sh+578,778$58→ 7,085,445 total
Holdings
- 1,000,000
Common Stock Purchase Warrant
Exercise: $0.10From: 2016-04-19Exp: 2021-04-19→ Common Stock, $0.0001 par value per share (1,000,000 underlying) - 8,166,667(indirect: See Footnote)
Common Stock, $0.0001 par value per share
- 1,733,335(indirect: See Footnote)
Interest Shares
Exercise: $0.20From: 2017-01-31→ Common Stock, $0.0001 par value per share (1,733,335 underlying)
Footnotes (4)
- [F1]On December 4, 2018, Theodore Stern gifted 2,200,000 shares of common stock to the Jewish Federation of Greater Pittsburgh.
- [F2]On December 3, 2018, Mr. Stern and Ipsidy Inc. entered into a Restricted Stock Agreement pursuant to which Mr. Stern acquired 578,778 shares of common stock in connection with his service as a director.
- [F3]Shares of common stock are held by the Theodore Stern Revocable Trust (the "Trust").
- [F4]1,733,335 shares of common stock that may be issued upon the conversion of interest accrued at $0.20 per share as of August 9, 2018 under that certain Unsecured Promissory Note in the principal amount as of the date hereof $2,000,000 issued to the Trust.
Documents
Issuer
Ipsidy Inc.
CIK 0001534154
Entity typeother
Related Parties
1- filerCIK 0000935991
Filing Metadata
- Form type
- 4
- Filed
- Dec 5, 7:00 PM ET
- Accepted
- Dec 6, 5:05 PM ET
- Size
- 10.6 KB