Form 4 for IDN Intellicheck, Inc.
Accepted 2022-07-05 00:00:00 ET · period of report 2022-06-30 · accession 0001493152-22-018597 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-07-05 | 2022-06-30 | IDN | Gafke Garrett | Pres | A - Grant | $8.56 | +7,500 | 63.2K | +13% | +$64.2K |
| D | 2022-07-05 | 2022-06-30 | IDN | Gafke Garrett | Pres | A - Grant | $0.00 | +70.0K | 70.0K | New | $0 |
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, $.001 par value | 2022-06-30 | A | A | 7,500 | $8.56 | 63,200 | D | — | — | (F1) Of the 90,000 Restricted Stock Units granted, one third (30,000 shares) vested after year one and one-third vests quarterly over the following two years so that the RSUs are fully vested after three years. |
| 2 | Derivative | Stock Option (Right to Buy) | 2022-06-30 | A | A | 70,000 | $0.00 | 70,000 | D | $2.02 · 2023-06-30 to 2027-06-30 | 70,000 Common Stock | (F2) Of the stock options granted, 50% (35,000) of the options have no premium (i.e., exercise price equals stock price at grant); 25% (17,500) of the options would have a 25% premium (i.e., exercise price equals stock price at grant plus 25%); and 25% (17,500) of the options would have a 50% premium (F3) One-third of this Option shall vest upon the first anniversary of the date of grant and the remaining two-thirds of this Option shall vest quarterly over the following two years |