SEC Form 4 · accession 0001615774-18-004737
Ipsidy Inc. · IDTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Robert Szoke
Officer — Chief Technology Officer · Director
Period of report
May 31, 2018
Accepted (ET)
Jun 1, 2018 · 4:30 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 | May 31, 2018 | S | 1,809,543 | $0.19 | D | 19,083,318 | D | |
| Common Stock, $.0001 par valueF2 | May 31, 2018 | S | 1,315,940 | $0.19 | D | 0 | I | See footnote |
| Common Stock, $.0001 par valueF3 | holding | — | — | — | 3,000,000 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF4 | $0.45 | holding | — | — | — | Sep 25, 2015 | Sep 25, 2025 | Common Stock, $0.0001 par value per share | 10,000,000 | 10,000,000 | D |
Explanation of responses
- F1On May 31, 2018, Mr. Szoke, a director and Chief Technology Officer of Ipsidy Inc. (the "Company") assigned an aggregate of 3,125,483 shares of common stock to two third parties in the settlement of the termination of debt owed in the aggregate amount of $602,822.
- F2Shares held by Thomas Szoke LLC. Mr. Szoke is an officer and principal of the entity, and he may be deemed the beneficial owner or the shares held by such entity.
- F3Shares held by Mr. Szoke's wife, Ginta Ozola-Szoke.
- F4Mr. Szoke was granted the stock option for his services as an executive officer of the Company.