David R. Gust - 17 Dec 2021 Form 4 Insider Report for Nxt-ID, Inc. (LGMK)

Role
Director
Signature
/s/ David R. Gust
Issuer symbol
LGMK
Transactions as of
17 Dec 2021
Transactions value $
$0
Form type
4
Filing time
17 Dec 2021, 17:49:15 UTC
Previous filing
08 Jul 2021
Next filing
04 Jan 2022
SEC
View on sec.gov

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 +4,016 +39.3% $0.000000 14,231 17 Dec 2021 Common Stock 4,016 $2.49 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 15, 2021 the Issuer effected a 1-for-10 reverse stock split. The number of securities reported on this Form 4 have been adjusted to reflect the reverse stock split.
F2 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 September 30, 2021.