Mark Archer - 26 Nov 2024 Form 4 Insider Report for LogicMark, Inc. (LGMK)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
29 Nov 2024, 17:24:25 UTC
Prior SEC filing
03 Oct 2024
Next SEC filing
06 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mark Archer

Key filing fact

Mark Archer filed Form 4 for LogicMark, Inc. (LGMK) on 29 Nov 2024.

Key facts

  • This page summarizes Mark Archer's Form 4 filing for LogicMark, Inc. (LGMK).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 29 Nov 2024, 17:24.

Change

  • Previous filing in this sequence was filed on 03 Oct 2024.
  • Current net transaction value: +$1,213.

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 derivative securities

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

LGMK transaction Derivative

Series A Common Stock Purchase Warrant

Award

Transaction value
$606
Shares
+4,851
Change %
+565%
Price
$0.1250
Shares after
5,710
Date
26 Nov 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,851
Exercise price
$1.75
Footnotes
F1, F2
LGMK transaction Derivative

Series B Common Stock Purchase Warrant

Award

Transaction value
$606
Shares
+4,851
Change %
+565%
Price
$0.1250
Shares after
5,710
Date
26 Nov 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,851
Exercise price
$1.75
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On November 18, 2024, the issuer effected a one-for-twenty-five reverse stock split (the "Reverse Stock Split") of the issuer's outstanding shares of common stock, par value $0.0001 per share (the "Common Stock"). The number of shares of Common Stock and prices reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.

Footnote F2

This Form 4 is being filed by the reporting person in order to reflect the acquisition of Series A Common Stock Purchase Warrants (the "Series A Warrants") and Series B Common Stock Purchase Warrants (the "Series B Warrants", and collectively with the Series A Warrants, the "Warrants") as of November 26, 2024 pursuant to certain anti-dilution provisions in the Warrants that trigger upon the Reverse Stock Split, the consequence of which is that (i) the exercise prices of the Warrants decrease pursuant to the formula contained in such provisions and (ii) the number of shares of Common Stock issuable upon exercise of the Warrants proportionally increases, such that the aggregate exercise price of each of the Warrants following such adjustments remains equal to the aggregate exercise price of each of such Warrants as of their respective dates of issuance.

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