0001213900-20-013521.txt : 20200527
0001213900-20-013521.hdr.sgml : 20200527
20200527160506
ACCESSION NUMBER: 0001213900-20-013521
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200522
FILED AS OF DATE: 20200527
DATE AS OF CHANGE: 20200527
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kumnick Phillip L
CENTRAL INDEX KEY: 0001796205
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-54545
FILM NUMBER: 20915225
MAIL ADDRESS:
STREET 1: J549 QUAIL RIDGE LANE
STREET 2: PO BOX 564
CITY: ST. ALBANS
STATE: MT
ZIP: 63073
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Ipsidy Inc.
CENTRAL INDEX KEY: 0001534154
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 670 LONG BEACH BLVD.
CITY: LONG BEACH
STATE: NY
ZIP: 11561
BUSINESS PHONE: 516-274-8700
MAIL ADDRESS:
STREET 1: 670 LONG BEACH BLVD.
CITY: LONG BEACH
STATE: NY
ZIP: 11561
FORMER COMPANY:
FORMER CONFORMED NAME: ID Global Solutions Corp
DATE OF NAME CHANGE: 20141014
FORMER COMPANY:
FORMER CONFORMED NAME: IIM Global Corp
DATE OF NAME CHANGE: 20130107
FORMER COMPANY:
FORMER CONFORMED NAME: Silverwood Acquisition Corp
DATE OF NAME CHANGE: 20111102
4
1
ownership.xml
OWNERSHIP DOCUMENT
X0306
4
2020-05-22
0
0001534154
Ipsidy Inc.
IDTY
0001796205
Kumnick Phillip L
C/O IPSIDY INC.
670 LONG BEACH BLVD.
LONG BEACH,
NY
11561
1
1
0
0
Chief Executive Officer
Common Stock, $.0001 par value
1500000
D
Stock Options
0.07
2020-05-22
4
A
0
33333334
0.07
A
2020-05-22
2025-05-22
Common Stock, $0.0001 par value per share
33333334
33333334
D
Stock Options
0.055
2019-12-10
2029-12-10
Common Stock, $0.0001 par value per share
3000000
3000000
D
Represents the right to acquire 1,500,000 shares of common stock at par value subject to the certain vesting criteria which shares were granted on March 6, 2020 pursuant to a Restricted Stock Purchase Agreement.
On March 6, 2020, the option granted to Mr. Kumnick on December 10, 2019 to purchase 3,000,000 shares of common stock vesting over a three-year period was amended to provide that it will vest in full prior to the occurrence of time-based vesting, in the event of a Change of Control.
On May 22, 2020, the Company granted Mr. Kumnick a Non-Statutory Option to acquire 33,333,334 shares of common stock at an exercise price of $0.07 per share with 6,666,667 shares vesting upon the grant of Non-Statutory Option, 10,666,667 shares vesting upon achieving certain performance conditions and 16,000,000 shares vesting upon achieving certain additional performance conditions.
/s/ Phillip Kumnick
2020-05-27