SEC FORM 4

SEC FORM 4 SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Garchik Stephen Jeffrey

(Last)

(First)

(Middle)

2474 SOUTH OCEAN BOULEVARD

(Street)

HIGHLAND BEACH

33487

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
authID Inc. [ AUID ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Rule 10b5-1(c) Transaction Indication

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock⁽⁶⁾	05/26/2023		P		3,120,633	A	$0.458	7,400,192	D
Common Stock⁽⁷⁾	05/26/2023		C		2,149,629⁽⁷⁾	A	$0.472	4,279,559	D
Common Stock	04/03/2023		J		60,334⁽⁸⁾	A	$0.404	2,129,930	D
Common Stock	01/03/2023		J		35,122⁽⁸⁾	A	$0.694	2,069,596	D
Common Stock	09/30/2022		J		8,191⁽⁸⁾	A	$2.976	2,034,474	D
Common Stock	05/26/2023		P		1,091,703	A	$0.458	1,181,009	I	See Footnotes⁽¹⁾⁽⁴⁾
Common Stock								166,667	I	See Footnotes⁽¹⁾⁽²⁾
Common Stock								11,667	I	See Footnotes⁽¹⁾⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Convertible Note	$0.472	05/26/2023		C			$1,014,625	⁽⁷⁾	⁽⁷⁾	Common Stock	2,149,629	$0	0	D
Common Stock Purchase Warrant	$4.5							11/06/2020	11/06/2025	Common Stock	83,334		83,334	I	See footnotes⁽¹⁾⁽⁵⁾

Explanation of Responses:

1. Stephen J. Garchik ("Mr. Garchik") disclaims beneficial ownership of any and all of the Issuer's securities reported herein in excess of its actual pecuniary interest.

2. Held by the Garchik Irrevocable 2019 Trust (the "2019 Trust") of which Mr. Garchik is a trustee

3. Held by Garchik Universal Limited Partnership, which Mr. Garchik jointly controls with his sister.

4. Held by Marla Garchik Irrevocable 2020 Trust (the "2020 Trust") of which Mr. Garchik is a beneficiary.

5. Held by the 2019 Trust.

6. Includes the conversion of a promissory note in the amount of $929,250 and the investment of $500,000 in connection with the Issuer's private placement.

7. On May 23, 2023, Mr. Garchik and the Company entered into an exchange agreement whereby Mr. Garchik exchanged the March 2022 Senior Secured Convertible Note in the amount of $1,014,625, which reflects principal and interest, for 2,149,629 shares of common stock at a per share price of $0.472.

8. 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.

	/s/ Stephen Jeffrey Garchik	05/31/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

SEC Form 4 filed by Garchik Stephen Jeffrey