0001213900-20-015098.txt : 20200616
0001213900-20-015098.hdr.sgml : 20200616
20200616160031
ACCESSION NUMBER: 0001213900-20-015098
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200611
FILED AS OF DATE: 20200616
DATE AS OF CHANGE: 20200616
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Beck Philip D
CENTRAL INDEX KEY: 0001562101
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-54545
FILM NUMBER: 20966338
MAIL ADDRESS:
STREET 1: C/O PLANET PAYMENT, INC.
STREET 2: 670 LONG BEACH BOULEVARD
CITY: LONG BEACH
STATE: NY
ZIP: 11561
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
X0306
4
2020-06-11
0
0001534154
Ipsidy Inc.
IDTY
0001562101
Beck Philip D
C/O IPSIDY INC.
670 LONG BEACH BLVD.
LONG BEACH
NY
11561
1
0
0
0
Common Stock, $.0001 par value
1125000
I
See Footnote
Common Stock, $.0001 par value
16000000
D
Stock Options
0.05
2020-06-11
4
J
0
3000000
0.05
D
2016-08-10
2026-08-10
Common Stock, $0.0001 par value per share
3000000
17000000
I
See footnote
15% Convertible Note
0.20
2020-02-14
2022-02-28
Common Stock, $0.0001 par value per share
375000
375000
D
8% Convertible Note
0.08
2019-12-13
2022-02-28
Common Stock, $0.0001 par value per share
312500
312500
D
Stock Options
0.10
2017-01-31
2027-01-31
Common Stock, $0.0001 par value per share
15000000
15000000
D
Shares held by an individual retirement account.
Includes 15,000,000 shares of common stock acquired by Mr. Beck in accordance with a restricted stock purchase agreement dated September 29, 2017. Pursuant to the letter agreement entered between Ipsidy Inc. (the "Company") and Mr. Beck dated May 22, 2020 the vesting criteria for the restricted shares of common stock was amended as follows: (1) satisfaction of the Performance Goals set forth under the Restricted Stock Agreement, (2) on the date that the Company either fails to re-nominate or re-elect Mr. Beck as a Director, or as Chairman of the Company's Board of Directors, or (3) on the two year anniversary if Mr. beck is continuing to provide services to the Company in any capacity.
On June 11, 2020, Parity Labs LLC, a private consulting firm which is principally owned by Mr. Beck, assigned a portion of its stock option to Graham Beck. Following the transaction, Parity Labs LLC continues to hold a stock option to acquire 17,000,000 shares of common stock at $0.05 per share.
In connection with the Company's private offering, Mr. Beck acquired a 15% Convertible Note. The 15% Convertible Note is convertible into an amount equal to 150% of the principal amount due under the 15% Convertible Note divided by the conversion price of $0.20 per share.
/s/ Philip D. Beck
2020-06-16