Cecil N. Smith III - Dec 19, 2022 Form 4 Insider Report for authID Inc. (AUID)

Role: President/CTO
Signature: /s/ Cecil N. Smith III
Stock symbol: AUID
Transactions as of: Dec 19, 2022
Transactions value $: $79,000
Form type: 4
Date filed: 12/21/2022, 07:30 AM
Previous filing: Mar 21, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	AUID	Common Stock, $.0001 par value						20.7K	Dec 19, 2022	Direct

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	AUID	Stock Options	Award	$79K	+100K		$0.79	100K	Dec 19, 2022	Common Stock, $0.0001 par value per share	100K	$0.79	Direct	F1
holding	AUID	Stock Options						150K	Dec 19, 2022	Common Stock, $0.0001 par value per share	150K	$2.83	Direct	F2
holding	AUID	Stock Options						600K	Dec 19, 2022	Common Stock, $0.0001 par value per share	600K	$7.80	Direct	F3

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

Explanation of Responses:

Id	Content
F1	The shares of common stock underlying the Stock Options vest on December 31, 2023.
F2	The shares of common stock underlying the Stock Options vest on the first anniversary of grant subject to continued service.
F3	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.