Archer Mark 4
4 · LogicMark, Inc. · Filed Feb 20, 2025
Insider Transaction Report
Form 4
LogicMark, Inc.LGMK
Archer Mark
Chief Financial Officer
Transactions
- Award
Series A Common Stock Purchase Warrant
2025-02-18$0.13/sh+11,238$1,405→ 16,948 totalExercise: $0.59From: 2024-10-01Exp: 2029-08-05→ Common Stock (11,238 underlying)
Footnotes (1)
- [F1]This Form 4 is being filed by the reporting person in order to reflect the acquisition of Series A common stock purchase warrants (the "Warrants") as of February 18, 2025 pursuant to certain anti-dilution provisions in the Warrants that triggered upon the issuance of securities by the issuer at an effective per share price equal to $0.59 on such date, the consequence of which is that (i) the exercise price of the Warrants decreased to such price and (ii) the number of shares of common stock issuable upon exercise of such Warrants proportionally increased, such that the aggregate exercise price of the Warrants, after taking into account such exercise price decrease, remained equal to the aggregate exercise price at the date of issuance of such Warrants.