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 *

 

Gust David Richard 		2. Issuer Name and Ticker or Trading Symbol

 

Nxt-ID, Inc. [ NXTD ] 		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)

 

288 CHRISTIAN STREET 		3. Date of Earliest Transaction (MM/DD/YYYY)

 

4/1/2014
(Street)

 

OXFORD, CT 06478
(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   4/1/2014     A    1263   A $3.96   (1) 48846   D    
Common Stock   7/1/2014     A    1279   A $3.91   (2) 50125   D    
Common Stock   10/1/2014     A    1953   A $2.56   (3) 52078   D    
Common Stock   1/1/2015     A    6818   A $2.20   (4) 58896   D    


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 Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. 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 Date 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares


Explanation of Responses:
( 1)  The shares were received as compensation for Mr. Gust's service as a member of the Board of Directors of the Issuer for the quarter ended March 31, 2014.
( 2)  The shares were received as compensation for Mr. Gust's service as a member of the Board of Directors of the Issuer for the quarter ended June 30, 2014.
( 3)  The shares were received as compensation for Mr. Gust's service as a member of the Board of Directors of the Issuer for the quarter ended September 30, 2014.
( 4)  The shares were received as compensation for Mr. Gust's service as a member of the Board of Directors of the Issuer for the quarter ended December 31, 2014.


Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Gust David Richard
288 CHRISTIAN STREET
OXFORD, CT 06478 		X      


Signatures
/s/ David R. Gust   3/5/2015
** 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 control number.
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