Form 4 for AUID authID Inc.
Accepted 2022-03-23 00:00:00 ET · period of report 2022-03-21 · accession 0001213900-22-014524 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2022-03-23 | 2022-03-21 | AUID | Broenniman Philip R | Dir | A - Grant | $3.22 | +3,106 | 343.9K | +0.9% | +$10.0K |
| D | 2022-03-23 | 2022-03-21 | AUID | Broenniman Philip R | Dir | A - Grant | $3.22 | +311 | 173.1K | +0.2% | +$1,001 |
| D | 2022-03-23 | 2022-03-21 | AUID | Broenniman Philip R | Dir | A - Grant | $100,000.00 | +27.0K | 27.0K | New | +$2.70B |
| DI | 2022-03-23 | 2022-03-21 | AUID | Broenniman Philip R | Dir | A - Grant | $1,000,000.00 | +270.3K | 270.3K | New | +$270.27B |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $.0001 par value | 2022-03-21 | A | A | 3,106 | $3.22 | 343,938 | I | — | — | (F4) Upon acquiring the Senior Secured Convertible Note, the reporting person was issued an origination fee in shares of common stock equal to 1.0% of the original principal amount of the reporting person's Senior Secured Convertible Notes with the value of each such share being the arithmetic average of the volume weighted average price of the Common Stock for each of the ten trading days immediately preceding the effective date. |
| 2 | Common | Common Stock, $.0001 par value | 2022-03-21 | A | A | 311 | $3.22 | 173,058 | D See footnote | — | — | (F4) Upon acquiring the Senior Secured Convertible Note, the reporting person was issued an origination fee in shares of common stock equal to 1.0% of the original principal amount of the reporting person's Senior Secured Convertible Notes with the value of each such share being the arithmetic average of the volume weighted average price of the Common Stock for each of the ten trading days immediately preceding the effective date. (F1) Mr. Broenniman is the Managing Partner of Varana Capital, LLC ("Varana Capital"), which, in turn, is the investment manager of and has dispositive control over the shares held by Varana Capital Focused, LP ("VCFLP"). By virtue of these relationships, in addition to the shares he holds personally, Mr. Broenniman may be deemed to beneficially own the shares held by Varana Capital Focused, LP. |
| 3 | Derivative | Senior Secured Convertible Note | 2022-03-21 | A | A | 27,027 | $100,000.00 | 27,027 | D | $3.70 · 2022-03-21 to 2025-03-21 | 27,027 Common Stock, $0.0001 par value per share | |
| 4 | Derivative | Senior Secured Convertible Note | 2022-03-21 | A | A | 270,270 | $1,000,000.00 | 270,270 | I See Footnotes | $3.70 · 2022-03-21 to 2025-03-21 | 270,270 Common Stock, $0.0001 par value per share | (F1) Mr. Broenniman is the Managing Partner of Varana Capital, LLC ("Varana Capital"), which, in turn, is the investment manager of and has dispositive control over the shares held by Varana Capital Focused, LP ("VCFLP"). By virtue of these relationships, in addition to the shares he holds personally, Mr. Broenniman may be deemed to beneficially own the shares held by Varana Capital Focused, LP. |