Form 4 for AUID authID Inc.
Accepted 2023-05-31 00:00:00 ET · period of report 2022-09-30 · accession 0001213900-23-044460 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-05-31 | 2022-09-30+ | AUID | Garchik Stephen Jeffrey | 10% | J - Other | $0.7022 | +103.6K | 2.03M | +5% | +$72.8K |
| DI | 2023-05-31 | 2023-05-26 | AUID | Garchik Stephen Jeffrey | 10% | P - Purchase | $0.46 | +1.09M | 1.18M | +1,222% | +$502.2K |
| D | 2023-05-31 | 2023-05-26 | AUID | Garchik Stephen Jeffrey | 10% | P - Purchase | $0.46 | +3.12M | 7.40M | +73% | +$1.44M |
| D | 2023-05-31 | 2023-05-26 | AUID | Garchik Stephen Jeffrey | 10% | C - Cnv Deriv | $0.47 | +2.15M | 4.28M | +101% | +$1.01M |
| D | 2023-05-31 | 2023-05-26 | AUID | Garchik Stephen Jeffrey | 10% | C - Cnv Deriv | — | 0 | 0 | New | — |
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 | 2023-04-03 | J | A | 60,334 | $0.4 | 2,129,930 | D | — | — | (F8) The reporting person received shares of common stock as payment of interest for each quarter associated with the Senior Secured Convertible Note dated March 21, 2022. |
| 2 | Common | Common Stock | 2023-01-03 | J | A | 35,122 | $0.69 | 2,069,596 | D | — | — | (F8) The reporting person received shares of common stock as payment of interest for each quarter associated with the Senior Secured Convertible Note dated March 21, 2022. |
| 3 | Common | Common Stock | 2022-09-30 | J | A | 8,191 | $2.98 | 2,034,474 | D | — | — | (F8) The reporting person received shares of common stock as payment of interest for each quarter associated with the Senior Secured Convertible Note dated March 21, 2022. |
| 4 | Common | Common Stock | 2023-05-26 | P | A | 1,091,703 | $0.46 | 1,181,009 | I | — | — | |
| 5 | Common | Common Stock | 2023-05-26 | P | A | 3,120,633 | $0.46 | 7,400,192 | D See Footnotes | — | — | (F6) Includes the conversion of a promissory note in the amount of $929,250 and the investment of $500,000 in connection with the Issuer's private placement. (F1) Stephen J. Garchik ("Mr. Garchik") disclaims beneficial ownership of any and all of the Issuer's securities reported herein in excess of its actual pecuniary interest. (F4) Held by Marla Garchik Irrevocable 2020 Trust (the "2020 Trust") of which Mr. Garchik is a beneficiary. |
| 6 | Common | Common Stock | 2023-05-26 | C | A | 2,149,629 | $0.47 | 4,279,559 | D | — | — | (F7) On May 23, 2023, Mr. Garchik and the Company entered into an exchange agreement whereby Mr. Garchik exchanged the March 2022 Senior Secured Convertible Note in the amount of $1,014,625, which reflects principal and interest, for 2,149,629 shares of common stock at a per share price of $0.472. |
| 7 | Derivative | Convertible Note | 2023-05-26 | C | D | — | $0.00 | 0 | D | $0.47 · — to — | 2,149,629 Common Stock | (F7) On May 23, 2023, Mr. Garchik and the Company entered into an exchange agreement whereby Mr. Garchik exchanged the March 2022 Senior Secured Convertible Note in the amount of $1,014,625, which reflects principal and interest, for 2,149,629 shares of common stock at a per share price of $0.472. |