Steven James Hartman - 14 Oct 2021 Form 4 Insider Report for LOGIQ, INC. (LGIQ)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
22 Oct 2021, 17:01:57 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Steven James Hartman

Key filing fact

Steven James Hartman filed Form 4 for LOGIQ, INC. (LGIQ) on 22 Oct 2021.

Key facts

  • This page summarizes Steven James Hartman's Form 4 filing for LOGIQ, INC. (LGIQ).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 22 Oct 2021, 17:01.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$14,583.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LGIQ transaction

Common Stock

Options Exercise

Transaction value
Shares
+16,666
Change %
Price
Shares after
16,666
Date
14 Oct 2021
Ownership
Direct
Footnotes
F1
LGIQ transaction

Common Stock

Tax liability

Transaction value
$14,583
Shares
-5,764
Change %
-33%
Price
$2.53
Shares after
11,527
Date
14 Oct 2021
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LGIQ transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
+16,666
Change %
+25%
Price
$0.000000
Shares after
83,334
Date
14 Oct 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
16,666
Exercise price
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Restricted stock units convert into common stock on a one-for-one basis.

Footnote F2

The reporting person received 16,666 shares of common stock upon vesting of the Restricted Stock Units, as reported in this Form 4. The reporting person forfeited 5,764 shares of common stock underlying the vested and outstanding Restricted Stock Units to cover tax withholdings, using the market price of the issuer's common stock at the time of forfeiture.

Footnote F3

Prior to the Initial Vesting Date, the Vested Ratio shall be zero. On the Initial Vesting Date, the Vested Ratio shall be 1/6, provided the Grantee's service has not been terminated prior to the Initial Vesting Date. For each 6 month period of Grantee service from the Initial Vesting Date until the Vested Ratio equals 1/1, the Vested Ratio shall be increased by 1/6. This Restricted Stock Unit will be fully vested after three (3) years of service.

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