0001415889-21-005325.txt : 20211119 0001415889-21-005325.hdr.sgml : 20211119 20211119181243 ACCESSION NUMBER: 0001415889-21-005325 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211118 FILED AS OF DATE: 20211119 DATE AS OF CHANGE: 20211119 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Anderson Lauren C CENTRAL INDEX KEY: 0001847793 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15757 FILM NUMBER: 211429677 MAIL ADDRESS: STREET 1: C/O IMAGEWARE SYSTEMS INC. STREET 2: 13500 EVENING CREEK DRIVE N STE 550 CITY: SAN DIEGO STATE: CA ZIP: 92128 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: IMAGEWARE SYSTEMS INC CENTRAL INDEX KEY: 0000941685 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 330224167 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 11440 W. BERNARDO COURT STREET 2: SUITE 300 CITY: SAN DIEGO STATE: CA ZIP: 92127 BUSINESS PHONE: 8586738600 MAIL ADDRESS: STREET 1: 11440 W. BERNARDO COURT STREET 2: SUITE 300 CITY: SAN DIEGO STATE: CA ZIP: 92127 FORMER COMPANY: FORMER CONFORMED NAME: IMAGEWARE SOFTWARE INC DATE OF NAME CHANGE: 19991123 4 1 form4-11192021_031136.xml X0306 4 2021-11-18 0000941685 IMAGEWARE SYSTEMS INC IWSY 0001847793 Anderson Lauren C C/O IMAGEWARE SYSTEMS, INC. 11440 WEST BERNARDO COURT, SUITE 300 SAN DIEGO CA 92127 true false false false Common Stock 2021-11-18 4 A 0 1937500 0 A 1937500 D Stock Options 0.067 2021-11-18 4 D 0 750000 0 D 2031-04-16 Common Stock 750000 0 D Pursuant to an Equity Incentive Cancellation Agreement (the "Agreement") entered into by the Reporting Person and the Issuer, certain outstanding stock options previously acquired in a transaction exempt under Rule 16b-3(d) were cancelled by the Issuer in exchange for the issuance to the Reporting Person of Restricted Stock Units ("RSUs") granted pursuant to the Issuer's 2020 Equity Incentive Plan. The transaction was approved by the Company's Board of Directors and is exempt under Rule 16b-3(d) and Rule 16b-3(e) Represents grant of RSUs. Each RSU represents a contingent right to receive one share of the Issuer's common stock. 968,750 shares vest April 1, 2022, 53,827 shares vest on May 1, 2022, and the remainder vest ratably on a monthly basis over the subsequent seventeen month period, becoming fully vested on October 1, 2023, subject to continued employment, contracting or engagement with the company at the time of vesting; provided, however, that all unvested RSUs shall vest 100% upon a change in control of the Company. 62,500 of the stock options vested on the grant date of April 16, 2021, with the remainder scheduled to vest in monthly installments of 62,500 stock options thereafter. /s/ Lauren Anderson 2021-11-19