White Christopher Eric 4
4 · Ipsidy Inc. · Filed Oct 9, 2020
Insider Transaction Report
Form 4
Ipsidy Inc.IDTY
White Christopher Eric
Chief Technology Officer
Transactions
- Award
Stock Options
2020-10-07$0.09/sh+2,500,000$231,250→ 2,500,000 totalExercise: $0.09From: 2020-10-07Exp: 2030-10-07→ Common Stock, $0.0001 par value per share (2,500,000 underlying)
Holdings
- 250,000
Stock Options
Exercise: $0.12From: 2019-05-28Exp: 2029-05-28→ Common Stock, $0.0001 par value per share (250,000 underlying) - 750,000
Common Stock, $.0001 par value
Footnotes (3)
- [F1]Shares of common stock vest one-third each on June 3, 2019, 2020, 2021 subject to Mr. White's continued employment.
- [F2]The Stock Options vest with respect to one-third of the shares of common stock on each of October 7, 2021, 2022 and 2023 subject to Mr. White's continued employment.
- [F3]The shares of common stock under the Stock Options vest as follows: (a) 125,000 upon achievement of agreed performance goals and (b) 125,000 as to one-third on each of February 18, 2020, 2021 and 2022.