Filing Details
- Accession Number:
- 0001213900-23-044220
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-05-31 08:00:07
- Reporting Period:
- 2023-04-03
- Accepted Time:
- 2023-05-31 08:00:07
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1534154 | Authid Inc. | AUID | Services-Prepackaged Software (7372) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1970225 | Ken Jisser | C/O Authid Inc. 1385 S. Colorado Blvd. Bldg A Ste 322 Denver CO 80222 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.0001 Par Value Per Share | Acquisiton | 2023-05-26 | 100,000 | $0.50 | 303,800 | No | 4 | P | Direct | |
| Common Stock, $0.0001 Par Value Per Share | Acquisiton | 2023-05-26 | 197,015 | $0.52 | 203,800 | No | 4 | C | Direct | |
| Common Stock, $0.0001 Par Value Per Share | Acquisiton | 2023-05-26 | 815 | $2.99 | 6,785 | No | 4 | J | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | C | Direct | |
| No | 4 | J | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, $0.0001 Par Value Per Share | Convertible Note | Disposition | 2023-05-26 | 0 | $0.00 | 197,015 | $0.52 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | C | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock, $0.0001 Par Value Per Share | Stock Options | $0.33 | 2023-03-14 | 2033-03-14 | 100,000 | 100,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2033-03-14 | 100,000 | 100,000 | Direct |
Footnotes
- The reporting person received shares of common stock as payment of interest for each quarter associated with the Senior Secured Convertible Note dated March 21, 2022.
- On May 23, 2023, Mr. Jisser and the Company entered into an exchange agreement whereby Mr. Jisser exchanged the March 2022 Senior Secured Convertible Note in the amount of $101,463, which reflects principal and interest, for 197,015 shares of common stock at a per share price of $0.515.
- The shares vest annually in equal amounts over a three-year period.
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