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

Signature
/s/ Jonathan Robins
Issuer symbol
IDN
Transactions as of
15 Mar 2024
Net transactions value
+$136,150
Form type
4
Filing time
19 Mar 2024, 16:00:31 UTC
Previous filing
14 Dec 2023
Next filing
29 Apr 2025

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 $63,350 +35,000 $1.81 35,000 15 Mar 2024 Common Stock, $.001 par value 35,000 $1.81 Direct F1, F2
transaction IDN Stock Option (Right to Buy) Award $34,825 +17,500 $1.99 17,500 15 Mar 2024 Common Stock, $.001 par value 17,500 $1.99 Direct F1, F2
transaction IDN Stock Option (Right to Buy) Award $37,975 +17,500 $2.17 17,500 15 Mar 2024 Common Stock, $.001 par value 17,500 $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% (35,000) have no premium (i.e. exercise price equals stock price at grant); 25% (17,500) of the options have a 10% premium (i.e. exercise price equals stock price at grant plus 10%); and 25% (17,500) 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