Jeffrey Ishmael - 03 Mar 2023 Form 4 Insider Report for Intellicheck, Inc. (IDN)

Role
CFO
Signature
/s/ Jeffrey Ishmael
Issuer symbol
IDN
Transactions as of
03 Mar 2023
Transactions value $
$0
Form type
4
Filing time
08 Mar 2023, 14:08:27 UTC
Previous filing
19 Dec 2022
Next filing
31 Mar 2023
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
holding IDN Stock Option (Right to Buy) 77.8K 03 Mar 2023 Common Stock 77.8K $2.70 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% (38,878) have no premium (i.e. exercise price equals stock price at grant); 25% (19,439) of the options have a 20% premium (i.e. exercise price equals stock price at grant plus 20%); and 25% (19,439) of the options have a 40% premium (i.e. exercise price equals stock price at grant plus 40%).
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.