Chia-Lin Simmons - 03 Apr 2024 Form 4 Insider Report for LogicMark, Inc. (LGMK)

Signature
/s/ Chia-Lin Simmons
Issuer symbol
LGMK
Transactions as of
03 Apr 2024
Net transactions value
$0
Form type
4
Filing time
05 Apr 2024, 16:05:28 UTC
Previous filing
15 Feb 2024
Next filing
18 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGMK Common Stock Award $0 +46,200 +54% $0.000000 131,736 03 Apr 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Issuable upon the vesting of a restricted stock award ("RSA"), each of which represents the right to receive one share of common stock, par value $0.0001 per share, of the issuer ("Common Stock"), subject to the vesting terms of such RSA.
F2 The RSA of 46,200 shares of Common Stock was received as compensation for the reporting person's service as an officer pursuant to the issuer's 2023 Stock Incentive Plan. The RSA is subject to vesting over a period commencing on April 3, 2024, with 1/4 of such shares to vest on April 3, 2025, and thereafter, 1/16 of such shares to vest on the first day of each subsequent three-month period until the entire award has vested, so long as the reporting person remains in the service of the issuer for each such quarter.