Jeffrey Ishmael - 15 Mar 2024 Form 4 Insider Report for Intellicheck, Inc. (IDN)

Role
CFO, COO
Signature
/s/ Jeffrey Ishmael
Issuer symbol
IDN
Transactions as of
15 Mar 2024
Transactions value $
$175,050
Form type
4
Filing time
19 Mar 2024, 16:01:34 UTC
Previous filing
14 Dec 2023
Next filing
17 Jun 2024
SEC
View on sec.gov

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
transaction IDN Stock Option (Right to Buy) Award $81.5K +45K $1.81 45K 15 Mar 2024 Common Stock, $.001 par value 45K $1.81 Direct F1, F2
transaction IDN Stock Option (Right to Buy) Award $44.8K +22.5K $1.99 22.5K 15 Mar 2024 Common Stock, $.001 par value 22.5K $1.99 Direct F1, F2
transaction IDN Stock Option (Right to Buy) Award $48.8K +22.5K $2.17 22.5K 15 Mar 2024 Common Stock, $.001 par value 22.5K $2.17 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of these options, 50% (45,000) have no premium (i.e. exercise price equals stock price at grant); 25% (22,500) of the options have a 10% premium (i.e. exercise price equals stock price at grant plus 10%); and 25% (22,500) of the options have a 20% premium (i.e. exercise price equals stock price at grant plus 20%).
F2 One-third of this Option shall vest upon the first anniversary of the date of grant and the remaining two-thirds of this Option shall vest quarterly over the following two years