Barbara Gutierrez - Jan 2, 2024 Form 4 Insider Report for LogicMark, Inc. (LGMK)

Role
Director
Signature
/s/ Barbara Gutierrez
Stock symbol
LGMK
Transactions as of
Jan 2, 2024
Transactions value $
$0
Form type
4
Date filed
1/23/2024, 04:14 PM
Previous filing
Sep 20, 2023
Next filing
Jan 23, 2024

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 LGMK Options to Purchase Award $0 +9.43K +90.05% $0.00 19.9K Jan 2, 2024 Common Stock 9.43K $1.06 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options were received as compensation for the reporting person's services as a member of the board of directors of the issuer for the quarter ended December 31, 2023, and have an exercise price of $1.06 per share, which was the closing price of the issuer's common stock, par value $0.0001 per share ("Common Stock"), on December 29, 2023.
F2 The number of shares of Common Stock underlying stock options beneficially owned has been decreased by thirty-four from the number of shares underlying stock options reported as beneficially owned in the Form 4 filed by the reporting person on August 10, 2023 in order to correct an inadvertent administrative error in such prior Form 4 to fully reflect the effect on such number of shares due to the issuer's 1-for-20 reverse stock split of outstanding shares of Common Stock on April 21, 2023.