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