FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

STERN THEODORE		 2. Issuer Name and Ticker or Trading Symbol

Ipsidy Inc. [ IDTY ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

220 N. BELLEFIELD AVE.,, UNIT 1101		 3. Date of Earliest Transaction (MM/DD/YYYY)

2/14/2020
(Street)

PITTSBURGH, PA 15213
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

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

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)
Code V Amount (A) or (D) Price
Common Stock, $0.0001 par value per share         4885445 D  
Common Stock, $0.0001 par value per share         8166667 I See Footnote (1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)		2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Amended and Restated Promissory Notes $0.20 2/14/2020  P   15000000 (4)   2/14/2020 2/28/2022 Common Stock, $0.0001 par value per share 15000000 (4)$0.2 15000000 (4)I See footnote (1)
15% Convertible Note $0.2 2/14/2020  P   375000 (3)   2/14/2020 2/28/2022 Common Stock, $0.0001 par value per share 375000 (3)$0.2 375000 (3)D  
Common Stock Purchase Warrant $0.10           4/19/2016 4/19/2021 Common Stock, $0.0001 par value per share 1000000  1000000 D  
Interest Shares $0.20           1/31/2017  (2)Common Stock, $0.0001 par value per share 3310000  3310000 I See Footnote (1)
Explanation of Responses:
(1) Shares of common stock are held by the Theodore Stern Revocable Trust (the "Trust").
(2) Represents 3,310,000 shares of common stock that may be issued upon the conversion of interest accrued at $0.20 per share under issued under that certain Unsecured Promissory Note in the principal amount as of the date hereof $2,000,000 issued to the Trust.
(3) In connection with the Company's private offering, Mr. Stern acquired a 15% Convertible Note. The 15% Convertible Note is convertible into an amount equal to 150% of the principal amount due under the 15% Convertible Note divided by the conversion price of $0.20 per share.
(4) The Company issued the Stern Trust an Amended and Restated Promissory Note. The Amended and Restated Promissory Note is convertible into an amount equal to 150% of the principal amount due under the Amended and Restated Promissory Note divided by the conversion price of $0.20 per share.
Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
STERN THEODORE
220 N. BELLEFIELD AVE.,
UNIT 1101
PITTSBURGH, PA 15213		X
Signatures
/s/ Theodore Stern2/18/2020
**Signature of Reporting PersonDate