THOMAS L. THIMOT - 21 Mar 2022 Form 4 Insider Report for Ipsidy Inc. (AUID)

Role: Chief Executive Officer, Director
Signature: /s/ THOMAS L. THIMOT
Issuer symbol: AUID
Transactions as of: 21 Mar 2022
Transactions value $: $100,000
Form type: 4
Filing time: 23 Mar 2022, 17:00:14 UTC
Previous filing: 30 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AUID	Common Stock, $.0001 par value	Award	$100K	+27K	+37.84%	$3.70	98.5K	21 Mar 2022	See Footnote	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	AUID	Stock Options						1.2M	21 Mar 2022	Common Stock, $0.0001 par value per share	1.2M	$7.80	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Half of the shares of common stock under the Stock Options vest upon achievement of agreed performance goals and half vest monthly over four years.
F2	The shares are held by the Thimot Family Revocable Living Trust and the Thimot Family Heritage Irrevocable Trust. Mr. Thimot is the trustee for both trusts and a beneficiary of the Thimot Family Revocable Living Trust.