SEC Form 4 · accession 0001615774-18-002074
Ipsidy Inc. · IDTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Herbert M. Selzer
Director
Period of report
Mar 20, 2018
Accepted (ET)
Mar 23, 2018 · 2:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001534154
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.0001 par value | Mar 20, 2018 | A | 240,000 | $0.30 | A | 3,493,500 | D | |
| Common Stock, $.0001 par valueF2 | holding | — | — | — | 1,537,778 | I | See Footnotes |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF1 | $0.15 | holding | — | — | — | Sep 30, 2015 | Sep 30, 2025 | Common Stock, $0.0001 par value per share | 400,000 | — | D |
| Common Stock Purchase Warrant | $0.10 | holding | — | — | — | Sep 26, 2015 | Sep 26, 2020 | Common Stock, $0.0001 par value per share | 1,000,000 | 1,000,000 | D |
| Common Stock Purchase WarrantF2 | $0.05 | holding | — | — | — | Jul 29, 2015 | May 13, 2020 | Common Stock, $0.0001 par value per share | 880,000 | 880,000 | I |
Explanation of responses
- F1Mr. Selzer was granted the stock options for his services as a director of the Company. The options will expire five years from the vesting with 100,000 options vesting on a quarterly basis commencing on September 30, 2015.
- F2Securities are held by Vista Associates, L.P. ("Vista"). Mr. Selzer serves as the general partner of Vista