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